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Reserve Bank warns house prices remain unsustainable

But, it says banks were well funded to keep lending in a downturn.

Brent Edwards Wed, 04 May 2022

The Reserve Bank has warned house prices remained above sustainable levels, despite recent falls, and that a larger correction remained a possibility. Recent buyers would be most vulnerable.

“Furthermore, a large fall in house prices would significantly reduce housing wealth and could lead to

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Brent Edwards Wed, 04 May 2022
Contact the Writer: brent@nbr.co.nz
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Reserve Bank warns house prices remain unsustainable
Politics,
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