Appreciation in home values across New Zealand has stalled and CoreLogic’s head of research doesn’t think that will change anytime soon
The market is responding to the latest loan-to-value speed-limits, with signs values are slowing in Auckland, Hamilton and Tauranga.
Another major bank has followed Westpac and ANZ in tightening its lending criteria to overseas borrowers and also made a rate cut to its three-year special.
Although Auckland continues to cool, the latest QV House Price Index figures show values across the rest of the country are still rising.
House values in parts of Auckland have fallen in the last month, QV data reveals.
RBNZ once again defies expectations with decision
“A lot of bankers become brokers, but I’m now fortunate to take it another step”
It has brought in a new expert to oversee preparations