Wed, Nov 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Finance, Residential property Watch more

NZ: Rising house prices should slow - RBNZ

Posted on 07 November 2012

House prices are over-valued, but some of the pressure on rising prices should come off as more homes are built in the coming year, according to the Reserve Bank.
In its Financial Stability Report out today, new Reserve Bank governor Graeme Wheeler pointed out that that household debts levels remained high. So borrowers were vulnerable to a “potential” fall in house prices, despite cutting debt levels in recent years………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930