In fact the last time the investors borrowed more than FHBs in a single month was in March 2022,In October the investor grouping borrowed $1.021 billion. In fact, the investors' share of the total has been gradually creeping up ever so slightly every month since June of this year. The all-time low for the investor grouping was in January with 15.4%. The big drop off in investor interest in the market has coincided with the previous government's move to remove interest deductibility for investors. It is going to be interesting to watch over the next few months to see if we do now see some resurgence in investor interest in the housing market.

Source: Stuff November 27, 2023 05:06 UTC