The Reserve Bank of New Zealand have published an update on the NZ housing market.
Full text here:
Headlines via Reuters:
Home buyers remain cautious in subdued housing market in nzLooking ahead, govt
policy changes underway to increase long-term supply responsiveness
in housing marketUncertain when and
by how much demand for new borrowing will pick up
This article was written by Eamonn Sheridan at www.forexlive.com.
