Tougher lending constraints, alongside accelerated building and an increased appetite to sell, could see real estate prices come off the boil in the new year.
The property industry is still waiting for advice, but the traffic light rules, as they stand, could make large auction rooms the exclusive domain of the vaccinated.
All five largest banks except Westpac increased their lending to business in the September quarter.
Ōtākaro is considering development proposals for two large Christchurch sites.