An economic consultancy group has described the Reserve Bank’s justification of imposing debt-to-income limits on housing lending to be "deeply flawed"
Prime Minister John Key has announced his resignation at a press conference today.
The professional body representing property valuers has warned of a ‘DTI disaster’ if the Reserve Bank is given the power to introduce debt-to-income limits.
Four people charged in a $40m mortgage fraud case have pleaded not guilty.
The Reserve Bank of New Zealand has reduced the Official Cash Rate (OCR) by 25 basis points to 1.75%.
A second real estate agency has joined the call for exempting first home buyers from the 20% deposit requirement
The Property Institute boss has expressed support with the decision of a political party to remove restrictions on mortgage lending
One of the majors has released its disclosure statement, showing a $1.3 billion unaudited statutory profit