New Zealanders coming home from around the world, could be contributing to property price rises
New Zealanders coming home from around the world, could be contributing to property price rises
8 October 2020
CoreLogic has looked at migration data and says the trend of annually losing Kiwis overseas, has been decreasing in recent years.
Head of Research Nick Goodall says provincial prices usually drop when there's more migration away from New Zealand.
But he says the influx of Kiwis returning due to Covid-19, and closed borders, will likely boost property demand.
Goodall says boost in demand, boosts prices.
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