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.