TMM - News

Are investors backing off?

Tuesday 23rd of February 2021

Alexander's latest mortgage adviser survey reveals that a net 5% of brokers saw fewer investor buyers in February: "Investors are starting to back away," the former BNZ chief economist said.

The data indicates that new LVR rules on investors, and a pre-emptive clampdown by the banks, are starting to take effect. 

Investor activity surged at the back end of las...

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