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There has been a big spike in Auckland investors targeting the Tauranga property market - with one agent describing it as an Auckland "invasion".
Core Logic figures released to the Bay of Plenty Times Weekend show Auckland investor activity in the Tauranga property market has jumped by 10 per cent since 2005.
That Auckland money - which it characterised as owners on the title also listed as owners on other properties of which at least half were based in Auckland - made up 12 per cent of 881 sales in January and February this year.
The statistics also showed in 2015 Auckland investors made up 8 per cent of 5513 sales, or double the 4 per cent of 4353 sales in 2014.
Over the same timeframes investors or multiple property owners accounted for 30 per cent of the market, down from 32 per cent in 2014, while first-home buyers were at 15 per cent.
Meanwhile, movers who had sold a property within six months of purchasing another were 35 per cent of sales in 2015, down from 36 per cent, and had dropped further to 30 per cent in the first two months of 2016.