News
RBNZ signals tougher rules for investors

Thursday 7th of July 2016
Reserve Bank deputy governor Grant Spencer told the Wellington branch of the NZ Institute of Valuers that growing imbalances in the housing market require policy action on a number of fronts.
New Zealand’s current housing boom is seeing house prices increasing at 13% per annum nationally and at 15-20% in Auckland and close-by regions, he said.
“Evidence from housing...
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