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13 May 2021 3:28
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  •   Home > News > Business

    Offshore buyer enquiry within the housing market is expected to remain cautious

    Offshore buyer enquiry within the housing market is expected to remain cautious


    The question has been raised as to whether the travel bubble with Australia will add to the housing boom we've seen since the borders closed.

    Real Estate Institute chief executive Wendy Alexander says just point three per cent of home transfers are to people without New Zealand citizenship or resident visas.

    She doesn't see the bubble making things less competitive, but neither will it add a significant dimension.

    © 2021 Newstalk ZB, NZCity


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     11 May: Record investment is tipped to be in Australia's Federal Budget, that's released tonight
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     Top Stories

    RUGBY RUGBY
    The Highlanders concede they need to learn lessons after another off-field incident More...


    BUSINESS BUSINESS
    The early childhood sector is keen to help design a new funding model for its teachers More...



     Today's News

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    Law and Order:
    Police have arrested two patched King Cobras members allegedly linked to serious assaults in Christchurch 21:17

    Entertainment:
    Prince Charles is "deeply saddened" by the impact of the coronavirus pandemic 21:16

    Entertainment:
    Rob Lowe is celebrating 31 years of sobriety 20:46

    Entertainment:
    Michael B. Jordan won’t follow his family’s naming traditions when he has a child of his own 20:16

    Entertainment:
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    Entertainment:
    Tom Cruise is said to have returned his Golden Globes and NBC will not broadcast next year's ceremony following criticism towards the Hollywood Foreign Press Association (HFPA) 19:16

    Sailing:
    Sailing's Finn Gold Cup - and New Zealand's qualification spot for the Tokyo Olympics - will come down to the final day off the coast of Portugal 18:57

    Entertainment:
    Alexa PenaVega has given birth to her third child 18:46


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