Key points of interest from this month’s survey

Investors are shortening the average term over which they take a fixed-rate mortgage.
Banks have become less willing to advance extra funds.
The preference of investors in new dwellings has shifted away from detached houses towards apartments and townhouses.
Despite rising interest rates there is only a slight trend towards accelerating debt repayment or moving from interest-only to principal and interest payments.
Tax legislation changes are becoming a more important driver of decisions to sell.
Investors show little concern about the multi-year property price boom seemingly coming to an end.