Investors chase housing market yields with low-rate mortgages

Wed, 04 Nov 2020

Investors are flooding back to the housing market and they're mostly buying because of low interest rates, rather than capital gains, according to analysis by economist Tony Alexander.His latest survey of 381 real estate agents found the biggest change has been increased investor interest. A net 59 percent of agents say they're seeing more investors, up from 38 percent in October and 16 percent in June."Investors are seen as more present than in our October survey in all regions for which we have sufficient agent responses to...

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Property

Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

The Quiz Free

QuiznessDesk: Thursday, Oct 31

One Night in Bangkok was a hit song from what musical?By inserting an extra letter, what word meaning a small group of trees can be changed to one meaning a dead body?State Highway 2 between Gisborne and Opotiki passes through what gorge?What was the nickname of a 1940s Hollywood...

The Quizmaster 9:15am