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'Mum and dad' investors are back in the property market
A key buyer group has been making a noticeable comeback.
AI summary
'Mum and Dad' investors are returning to the NZ property market, with their share of purchases rising from 21% to nearly 25%. This nationwide comeback is driven by smaller-scale investors buying their second property or expanding a small portfolio.
Key factors encouraging this trend include:
- The reinstatement of Mortgage Interest Deductibility
- Lower interest rates improving cashflow
These investors are finding value in the current market, with new-builds remaining a popular choice due to lending rule exemptions.
The data shows a clear return
Who are they and what are they buying?
What’s driving the comeback?
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