Investors accounted for just 14 per cent of Tasmanian house sales in the September quarter, well below earlier levels, Real Estate Institute of Tasmania figures showed. PIPA research found 36 per cent of investors would refinance for a saving of half a percentage point, with chairman Peter Koulizos blaming years of elevated investor pricing. CoreLogic researcher Eliza Owen linked the national retreat to lending curbs, rate premiums and the pandemic hit to rents.
Reported by
Jarrad Bevan, realestate.com.au, 6 November 2020
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