Wake Up Call: A very unstable housing market?

Today’s financial stability report and hearing will be interesting given proposals in the Deposit Takers Bill for a new process for setting lending restrictions.

Staff reporters

Wed, 05 May 2021

Summary ANZ continues the run of big banks reporting this week and next. RBNZ’s stability report is out today, and is expected to focus on housing. Meanwhile, house prices are not the only thing contributing to inflation fears around the world – prices for everything from copper, steel, health insurance and shipping costs are on the rise.Housing focus Housing is expected to be the focus for today’s RBNZ stability report, given the considerably hotter housing market since the last one six months ago. Governor Adrian Orr wi...

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