An expert believes some property investors are selling up ahead of the election. 

Data from property analysts Cotality NZ shows the proportion of properties resold for a gross profit has fallen to its lowest level in almost 14 years. 

The median length of time people are holding on to properties that sold for a profit hit record numbers, at almost 10 and a half years. 

Property Investors Federation Advocacy Director Matt Ball told Ryan Bridge there are fears of being taxed on inflation. 

He says some people are worried about the election and getting out ahead of time, while others are sitting tight and watching nervously. 

LISTEN ABOVE  

An expert believes some property investors are selling up ahead of the election.&nbsp;
Data from property analysts Cotality NZ shows the proportion of properties resold for a gross profit has fallen to its lowest level in almost 14 years.&nbsp;
The median length of time people are holding on to properties that sold for a profit hit record numbers, at almost 10 and a half years.&nbsp;
Property Investors Federation Advocacy Director Matt Ball told Ryan Bridge there are fears of being taxed on inflation.&nbsp;
He says some people are worried about the election and getting out ahead of time, while others are sitting tight and watching nervously.&nbsp;
LISTEN ABOVE &nbsp;

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.

Early Edition with Ryan Bridge

Matt Ball: Property Investors Federation Advocacy Director on the people selling their properties ahead of the election due to capital gains tax fears

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3400cb33-cdb1-4394-ac5f-b4a4018b7196/transcript