Investors snap up nearly half of all Auckland houses sold in past three months

  • Investors have snapped up nearly half of all the houses sold in Auckland in the past three months, new figures reveal.Meanwhile first home buyers are being increasingly shut out of the Auckland market, accounting for fewer than 1 in 5 of all house purchases.

  • A new report shows Auckland investors bought 44 per cent of all houses sold in first three months of 2017. Photo/Jason Dorday