New Zealand: breakdown of home sales by buyer type 2023

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In the third quarter of 2023, the largest share of home transfers in New Zealand involved at least one New Zealand citizen as a buyer at 76.1 percent. In contrast, only 0.4 percent of home transfers involved no New Zealand citizens or resident visa holders as buyers. This low share can be largely attributed to the Overseas Investment Act, which came into force in October 2018.

Share of home transfers in New Zealand from December 2017 to September 2023, by buyer type

Characteristic	At least one NZ citizen	At least one NZ resident visa	Corporate only	No NZ citizens or resident visa
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-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

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Release date

October 2023

More information

Region

New Zealand

Survey time period

December 2017 to September 2023

Supplementary notes

Note: Not all transfers involved a sale. A small number of transfers where citizenship or visa information was not available have been excluded.

Source: Stats NZ and licensed by Stats NZ for re-use under the Creative Commons Attribution 4.0 International license.

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