Skyrocketing house sales are yet to respond to Government moves to put the brakes on prices. Overseas buyers continue to be a tiny part of those buying residential properties, according to Statistics NZ. Transfers include house sales but also marriage settlements or boundary or trustee changes that don't directly involve a sale or purchase. “That’s pretty crazy,” Statistics NZ property statistics manager Michael Heslop said. Alden Williams/Stuff Almost all regions saw a major jump in house sales.

Source: Stuff May 05, 2021 00:23 UTC