Tony Alexander Survey Report February 2022

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.

 

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