S2.E5 - RBNZ confirms return of LVR restrictions, Labour market stats and the CoreLogic HPI
A mid-podcast announcement from the RBNZ regarding the return of the LVR restrictions has Nick and Kelvin providing their 'live reaction'. With the proposed increase to 40% deposit requirement for investors from 1 May 2021 it aligns with most expectations and will likely lead to a slowing of property value growth from the middle of the year.
Before then Kelvin makes mention of the surprisingly strong labour market figures for Q4 2020, as unemployment dropped to 4.9% (from 5.3% in Q3).
There's also the Corelogic House Price Index data for January to cover, as well as the latest building consent data, foreign buyer stats and preliminary business confidence.
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