PHOTO: Tony Alexander – REINZ & Tony Alexander Real Estate Survey. GETTY
REINZ & Tony Alexander Real Estate Survey: Buyers show signs of return, concerns remain
The latest REINZ & Tony Alexander Real Estate Survey is out.
Taking a gauge of what real estate professionals across New Zealand are seeing in the residential property market in their areas at the moment, we get a view of changing activity levels, the views of first home buyers and investors, and the factors affecting sentiment across those two large groups.
The key results from this month’s survey include the following:
- First home buyers are increasingly present in the market, but their numbers have grown at a slower pace this month than last following the new rise in mortgage interest rates.
- There has been a noticeable stepping back of investors following the interest rate rises.
For more information, please see the report attached or you can access it HERE: Tony+Alexander_Report_November
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