‘Softer’ house prices landing, BNZ predicts
The bank’s lending is up 7.8% despite the slowing housing market.
Maria Slade
Thu, 05 May 2022
BNZ chief executive Dan Huggins is among those predicting a softer landing as the housing market slows.
In its six-monthly Financial Stability Report out this week, the Reserve Bank said the financial system would remain resilient even if house prices fell by as much as 40%.
However, Huggins
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Maria Slade
Thu, 05 May 2022
Contact the Writer: maria@nbr.co.nz
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‘Softer’ house prices landing, BNZ predicts
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