Housing market’s ‘tale of two islands’
New Zealand’s housing market is a “tale of two islands”, one economist says – as the fortunes of sellers and house hunters in the South Island rapidly diverge from their…
Reserve Bank Warns of Strained Levels in Household Borrowing
The Reserve Bank has sounded a cautionary note as more homeowners find themselves struggling with mortgage payments, especially those aged 30 to 50. The bank’s six-monthly Financial Stability Report highlights…