PHOTO: CHRIS GORMAN/STUFF – There were at least 321 sales in the Waitemata ward of central Auckland, in the June quarter, that would probably be stopped by the looming foreign buyers ban.
Foreign buyers have honed in on central Auckland this year.
New data shows that in the June quarter, 22 per cent of home transfers – that includes sales and other transfers of ownership – in the Waitemata ward, central Auckland, were to people who were not citizens or holders of a residency visa.
That equates to 321 transfers and is up from 19 per cent in the March 2018 quarter.
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