April migrant growth could mean good news for property market, say economists

A migrant-driven boost for the New Zealand property market is being tipped by economists studying new visitor arrival numbers released this morning.

Statistics New Zealand released immigration and visitor data showing permanent and long-term arrivals exceeded departures by 400 in April, compared with a net outflow of 1,300 in April last year. The increase was mainly due to 1,600 fewer long term departures of New Zealand citizens.

New Zealand's annual net migration balance was a gain of 9,200 in the April 2009 year, up from 4,700 in the April 2008 year.

While the number of Kiwis leaving these shores for good has fallen, the number returning home to live has only increased slightly - with 24,500 in the April 2009 year, just above the annual average of 23,400 seen for the 1979-2008 December years.

To read the full NZ Herald story click here

Posted: 22 May 2009

News articles

Browse articles
by date

September 2013

July 2013

June 2013

May 2013

December 2012

November 2012

September 2012

June 2012

April 2012

March 2012

February 2012

January 2012

December 2011

November 2011

October 2011

September 2011

August 2011

July 2011

June 2011

May 2011

April 2011

March 2011

February 2011

January 2011

December 2010

November 2010

October 2010

September 2010

August 2010

July 2010

June 2010

May 2010

April 2010

March 2010

February 2010

January 2010

December 2009

November 2009

October 2009

September 2009

August 2009

July 2009

June 2009

May 2009

April 2009

March 2009

February 2009

January 2009

December 2008

November 2008

October 2008

September 2008

May 2008

April 2008

March 2008

Please disregard these fields.


banner ad