News

No Spring lift in investor lending

Thursday 28th of September 2017

Total new mortgage lending in August amounted to $5.105 billion, which was up on both the previous two months, according to the Reserve Bank’s monthly lending data.

In July new lending came in at $4.802 billion while in June it amounted to $5.097 billion.

However, August’s new lending was still well down on a year ago: in August 2016 there was a total of $6.107 billi...

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