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transfers up by a third – Media release

4 May 2021

Home transfers in the March 2021 quarter
were up by one-third compared with the same period last year, Stats NZ
said today.

There were 44,586 home transfers in the March
2021 quarter, down from the high of 51,504 seen in the December 2020 quarter
but still up 34 percent compared with the same period last year.

“The high number of home transfers in March
follows a strong December 2020 quarter. Typically, there is a seasonal
drop between the December and March quarters in part due to the summer
holiday period,” property statistics manager Michael Heslop said.

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