Give us a call: (09) 486 4719
btn book free consultation


Email me when new posts are made to this blog

Are we going to see another Lending Restriction introduced?

May 6th, 2016.

The market and in particular the Auckland market seems to be back in full swing. After a few months with lower overall sales numbers and auction clearance rates falling the last couple of months the last month or so has seen a complete reversal with Auckland hitting the highest ever median sale price according to REINZ in March and strong sales numbers appearing across the board.

With the hit to the Agri market the Reserve Bank can’t increase rates to slow down the market and Governor Graeme Wheeler has already shown that he is not slow to use other tools to try and control the market.

There is starting to be an increasing amount of commentary suggesting that further tools may be introduced such as THIS from Westpac and HERE on

What is interesting is that both the Westpac economists in this piece and Tony Alexander in his weekly commentary from a few weeks ago suggest that the prices are going to keep rising for the moment.

I expect that the Reserve Bank is likely to have a similar view and so keep an eye out for a news release around the 11th of May for their next Financial Stability report which is where we will likely find out what their intentions are.

If you would like to discuss this further feel free to email me at


Flynn Walker says ...
Sometimes there are difficulties that you have to face to reach at some point in your life. In certain opinions essaybox review will guide you according to the good conceptions for you.
Anam CH says ...
We often face very difficulties in our life especially when we start a new thing with setting up a goal. But after some while that is show the relief when the aim is near to complete, <a href="">professional SEO services</a> is also my aim to that is nowadays going to fulfill. As you want our services or w
ant to become a professional then feel free to contact.


“ *As a rule, we advise that you contact us as early as possibly to secure the most suitable time for your consultation.
Product Query

First Name*


Kris Pedersen Mortgages Limited

+64 9 486 4719
Skype: Kris_Pedersen    
Takapuna Office
388 Lake Road
Auckland 0622
Newmarket Office
Level 6
135 Broadway
Auckland 1023
Postal Address
PO Box 33650
Auckland 0740