Investor confidence leaps
New Zealand's overall investor confidence has made its biggest jump in nearly two years on the back of the property boom, according to new figures.
Tuesday, October 28th 2003, 1:35AM
by The Landlord
The rise in confidence for the three months ended September -the biggest increase since the first quarter in 2002- was also because of a more stable global environment and good returns from key world markets, the survey says.
New Zealand investors' preference for residential property remained well ahead of all other investment types, with a net 22% result seeing it as the best option compared with a net 21% in the previous quarter.
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