November 14th, 2024

loan-to-value ratio

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The Reserve Bank's assessment shows that national house prices have fallen towards a level more consistent with medium-term fundamentals, reducing the probability of a further large correction in house prices.
loan-to-value ratio
1 year ago

Reserve Bank of New Zealand plans to relax mortgage LVR restrictions

The Reserve Bank of New Zealand - Te Pūtea Matua announced plans on Wednesday to ease mortgage loan-to-value ratio (LVR) restrictions, which promote...

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Net worth has fluctuated due to shifting asset values, particularly in property and investment holdings.

Household spending surpasses income as net worth drops by $47 billion

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The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Food prices see smallest annual increase since 2018

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Provisional figures indicate that New Zealand saw 229,100 (± 3,500) migrant arrivals in the April 2024 year, marking a 25% increase from the previous year.

Record surge in migrant arrivals and departures for New Zealand in April 2024

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Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

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Auckland region had the largest increase in earnings over the year to March 2024, up to $64.9 billion from $59.6 billion in the March 2023 year.

Total gross earnings in New Zealand up by 8.6% in year to March 2024

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