Auckland property investors took out nearly 46% of all bank mortgages transacted last month.
Sally Lindsay Fri, 27 May 2016
Housing investors are not leaving Auckland in droves for the provinces. In fact, far from it.
The first official Reserve Bank figures showing investors' grip on Auckland's housing market reveal they spent up large last month, taking out $1.623 billion in mortgages from a total of $3.536 billion
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).