Tony Alexander

Economic Commentaries

The BNZ Weekly Overview is sent out each Thursday night to over 28,000 subscribers. The publication covers the latest data on the NZ economy, the housing market, interest rates, and foreign exchange.

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Weekly Overview 17 August 2017

Thursday August 17th 2017

This week we look at real estate data and comment on the chances that the Reserve Bank will soon ease LVR restrictions. They are not high. The rules were announced on August 2013. Comparing now with then, although house price inflation has slowed nationwide from 6.3% to 5%, (Auckland 11% to 2%) lending growth is higher at 7.7% from 5.2%, and imbalances clearly persist between demand and supply growth in Auckland.

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