Mortgage lending eases a smidgen but demand pressures remain
The latest raft of housing market figures shows some easing in credit growth but the pool of houses for sale continues to shrink and consents to build new houses aren't keeping up with population growth.
Jenny Ruth Tue, 01 Nov 2016
New listings of houses for sale continue to fall and growth in consents to build new houses has stalled but mortgage lending has eased just a smidgeon and is still running hot.
The latest figures from www.realestate.co.nz show new listings fell 12.3% in October, with the inventory of Wellington
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