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What's new
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OCR increased to 2.0 percent
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Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
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QV Quartile Index: New Zealand’s residential property downturn turns upward
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Budget allows for an extra 7000 First Home Grants and 2000 extra First Home Loans every year
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IMF says New Zealand house prices have increased by almost four times the average increase across OECD countries since 1998
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Home values expected to drop in Canterbury… eventually
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QV House Price Index, April 2022: Rising interest rates starting to bite as downturn gathers pace
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Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs
— Gregory Fortuin, Chair
