
TMM - News
Investor activity subdued in April

Friday 24th of May 2019
RBNZ's April data shows investors took $988 million of the $5.4 billion lent for New Zealand home purchases. The weak numbers follow a slight resurgence in April, when investors borrowed $1.09 billion.
May's figures are likely to be stronger, after the government abandoned plans to introduce a capital gains tax last months. But ongoing LVR curbs on investor borrowing, and other...
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