House price inflation eased in August, LVRs bite at least temporarily
Latest figures show house price inflation eased in the first full month since the RBNZ's latest LVRs restrictions were announced. With special feature audio.
The latest housing market figures show the Reserve Bank’s latest loan-to-valuation restrictions had a surprisingly mild impact on dragging annual house price inflation down a notch or two in most parts of the country.
Indeed, the pace of annual price inflation in Auckland is now down to single
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Jenny Ruth
Wed, 14 Sep 2016
Wed, 14 Sep 2016
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