Tony Alexander Survey Report February 2022

Key points of interest from this month’s survey

• No upward trend in existing investors quitting the property sector is underway.
• A strong focus on holding for the long term remains.
• Investor interest in undertaking their own property development is slowly waning.
• Borrowers are increasingly favouring a two-year term for fixing their interest rate.
• Slightly more investors are showing concerns about house prices falling.
• Selling in order to purchase alternative investment assets is becoming more important to those investors who are selling.
• Those thinking of a purchase show greater inclination to undertake a development themselves outside of Auckland than in our biggest city.