
Auckland house prices flat in August
Is the pressure easing on the Auckland housing market? One economist thinks so, after the latest stats showed a largely flat property market.
Is the pressure easing on the Auckland housing market? One economist thinks so, after the latest stats showed a largely flat property market.
Export commodity prices rose 0.7 per cent last month in both world price and New Zealand dollar terms.
The Reserve Bank of Australia is likely to keep the cash rate on hold this week as it awaits the outcome of the federal election and allows the August rate cut to work.
Prospective home buyers have been rushing to get pre-approval for loans with less than a 20 per cent deposit before new regulations are brought in.
Experts say tighter mortgage lending rules will only a partially ease house prices, writes Jamie Gray.
Now that we know what the Reserve Bank is doing by way of curbs on low-deposit mortgage lending the question is whether it will work, writes Brian Fallow.
The curbs on low-deposit home lending announced by the Reserve Bank yesterday are likely to prove more restrictive than it thinks, the Bankers Association warns.