New Zealand’s central bank said it will issue an unscheduled assessment of the economy next week, prompting traders to increase bets on an interest-rate cut in August.
New Zealand’s economic growth was stronger than economists forecast last quarter as construction boomed and a rising population increased demand for health-care services
New Zealand’s dollar surged to the highest level in a year as the prospect of continued central bank inaction at home and in the U.S. burnished the smaller nation’s interest-rate premium.
Bets are waning on the Reserve Bank of New Zealand announcing an interest-rate cut tomorrow morning
The Property Institute boss has expressed support with the decision of a political party to remove restrictions on mortgage lending
A second real estate agency has joined the call for exempting first home buyers from the 20% deposit requirement
The easing in sales volumes mirrors the situation in the national residential market, says REINZ