Investors seek advice amid property boom
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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