32 Auckland Market Activity Market activity has risen after the Easter and ANZAC long weekends as expected, but apart from the surge in February and March, the trend in activity has been downward for the past year. A normal seasonal pattern would see activity drop even further throughout the rest of winter. The first month of Q2 data shows a continuing rebound in the share of investor purchases, with a corresponding drop in movers. First home buyers, having dipped in Q1, have rebounded back to a 22% share of activity. Market Activity Index - Auckland Buyer Classification - Auckland There has been an increase in New to Market buyers, these being mostly people new to the country and paying in cash. Their numbers has stayed steady over time, meaning that their rise in share of sales is due to other buyers being less active. These cash buyers are unaffected by lending restrictions and increases in interest rates.