The retreat of the housing investors
newscatcher
2022-08-24 06:30
The retreat of the housing investors
The housing investors are in full retreat after their full-on assault of the housing market in the second half of 2020 and into 2021. According to the latest figures from the Reserve Bank (RBNZ), investors had their lowest share of the total amount of mortgage money advanced last month since the RBNZ began publishing the detailed data on mortgages by buyer types in 2014. The RBNZ provided this summary of the figures. The $852 million advanced to investors in July made up just 15.8% of the $5.4 billion total mortgage money advanced.

https://www.interest.co.nz/personal-finance/117319/rbnz-figures-show-housing-investors-had-their-smallest-share-mortgage-money

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