Housing market strength could mean more Reserve Bank restrictions
Surprisingly strong housing market figures are likely to be causing the Reserve Bank some angst. With special feature audio.
The Reserve Bank is likely to impose further housing market-specific rules should the unexpected strength demonstrated in yesterday’s Real Estate Institute figures continue, First NZ Capital economist Chris Green says.
The institute’s index figures showed house prices nationally rose 13.3% in
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Jenny Ruth
Wed, 13 Apr 2016
Wed, 13 Apr 2016
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Housing market strength could mean more Reserve Bank restrictions
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