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Time for the big guns: winter fails to cool housing market

Change expected later this year, but not tomorrow's OCR announcement.

Andrew Bevin Tue, 13 Jul 2021

The failure of recent efforts to cool the housing market appear to be setting the scene for an imminent interest rate hike.

The Real Estate Institute of New Zealand said today median residential property prices across New Zealand increased by 28.7% from $637,000 in June 2020 to $820,000 in June

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Andrew Bevin Tue, 13 Jul 2021
Contact the Writer: andrew@nbr.co.nz
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Time for the big guns: winter fails to cool housing market
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