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Housing market ‘a perfect storm’, Reserve Bank tells MPs

Central bank governor Adrian Orr outlines scenarios for ‘sustainable’ house prices.

New Zealand’s housing market is facing a “perfect storm,” Reserve Bank Governor Adrian Orr told Parliament’s Finance and Expenditure Committee today.

“We’re seeing an economic rebound at the same time that housing supply has been at an historically low relative to population

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Daniel Riordan Thu, 19 Aug 2021
Contact the Writer: daniel@nbr.co.nz
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Housing market ‘a perfect storm’, Reserve Bank tells MPs
General Business,
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