Tag: interest
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New Zealand Housing market confidence rises
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An article from RNZ reports that confidence in the New Zealand housing market has surged to its highest level in 15 years. Overview The latest ASB Housing Confidence Survey shows 28 percent of respondents believe now is a good time to buy a property, the strongest reading since the survey began. RNZ This shift reflects…
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Reserve Bank prepares influential OCR cut as fresh economic pressures emerge
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OverviewAn article from RNZ reports that the Reserve Bank of New Zealand is expected to deliver another 25-point cut to the official cash rate, bringing it down to 2.25 percent. The move follows a rapid series of reductions over the past year as the economy slows and inflation tracks closer to the lower end of…