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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Investors propel Auckland's rampant housing market

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

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Sally Lindsay
Fri, 27 May 2016
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Investors propel Auckland's rampant housing market
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