Kiwis looking to property again

The first survey, conducted by Landlords.co.nz and Mike Pero Mortgages, asked property investors about their buying intentions.

“The survey results showed that 20.5% of property investors expected to buy more property before March 31 next year and another 28.6% expected to buy later in 2009,” Mike Pero chief executive Shaun Riley says.

He also said that 59% of respondents expected house prices to fall further in the next six months.

ASB Bank produced a survey today which supports these findings. Its one shows that a net 24% of respondents believe now is a good time to buy.