News
No end in sight for LVRs

Friday 18th of August 2017
In his latest weekly update, BNZ chief economist Tony Alexander said the Reserve Bank made it clear in their MPS last week that they still see a risk the current market pause could be temporary.
Annual house price inflation has slowed nationwide to 5% while Auckland has slowed to 2% but, since 2013, the annual pace of growth in lending for housing purposes has gone up to 7.7%, he said.<...
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