Mortgaged investors are choosing to buy fewer properties as interest rates soar.

CoreLogic's latest monthly housing report shows a record 19.9 percent decline in purchases by multiple property owners.

Chief Property Economist Kelvin Davidson joined Kate Hawkesby.

LISTEN ABOVE

Mortgaged investors are choosing to buy fewer properties as interest rates soar.
CoreLogic's latest monthly housing report shows a record 19.9 percent decline in purchases by multiple property owners.
Chief Property Economist Kelvin Davidson joined Kate Hawkesby.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.