S2.E8 - The Government advises the RBNZ to take house prices into account
This week Nick and Kelvin discuss the big news of last week - that the Reserve Bank must take house prices into account when setting their policy.
The RBNZ also released their first Monetary Policy Statement for the year, which Kelvin reviews and considers where-to for interest rates.
The CoreLogic Affordability Report was released last week, illustrating the difficulty for first home buyers to get into the market. Kelvin provides a few high level insights but data for every city and town in the country is available in the report, which is which is free to download.
Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on email@example.com or firstname.lastname@example.org