OCR caught economists by surprise; Auckland house values up nearly 20%
Economist expects property market may begin to cool in keeping with the economy.
Rob Hosking talks about the OCR cut on NBR Radio, and on demand on MyNBR Radio.
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It’s possible the Reserve Bank has undone what it set out to achieve with the loan-to-value ratios it imposed recently for first home buyers,
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Chris Hutching
Fri, 12 Jun 2015
Fri, 12 Jun 2015
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OCR caught economists by surprise; Auckland house values up nearly 20%
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