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TMM - News

Investors seek advice amid property boom

Tuesday 27th of October 2020

Tony Alexander's latest survey of NZ mortgage advisers reveals a net 34% of advisers "are seeing more investors looking for advice" in October.

The figure is up from a net 24% in September, Alexander said.

Alexander noted data on investor activity was "volatile" with a dip in investor interest in August. But he noted REINZ figures underlined steadily-building investor activity.

"Perhaps the adviser dip for August reflects investors not quite taking the next step of talking with advisers during Auckland’s lockdown – but they kept looking."

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