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NZ: Investors expect increase in property value

Posted on 01 October 2012

The number of property investors expecting an increase in the value of their property in the next 12 months has risen 16 per cent on last year to 87 per cent of those surveyed in the annual ANZ Property Investment Survey.
Some 85 per cent of property investors also expect rents to rise in the next 12 months - up from 80 per cent in 2011. Over the next five years, the average investor expects both their property value and rents to rise by 6-10 per cent. The survey showed 61 per cent of respondents were planning to buy more property and just under half intended buying in the next two years………………………………………..Full Article: Source

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