
Mortgage News
New LVR rules to cut Auckland house price inflation
Thursday 4th of June 2015
Up to 4% could be shaved off Auckland’s house prices - thanks to the Reserve Bank’s new LVR rules.
Tighter LVR restrictions for Auckland investors will reduce Auckland house price growth by 2- 4% in the first year, the RBNZ has estimated in a new consultation paper.
At the same time, a loosening of the rules around required deposits for property outside of Auckland, should see hou...
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