TMM - News

Home lending jumps in June

Friday 24th of July 2020

The latest Reserve Bank statistics show lending was up from $4.3 billion in May, but slightly down on the $5.4 billion borrowed in June last year. 

The data adds further weight to the theory New Zealand's housing market has recovered strongly from the Covid lockdown. 

First home buyers took a notable chunk of the home loan market in June, borrowing $1.09 billion, u...

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