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Only higher rates can slow New Zealand’s surging house prices Save Share New Zealand’s surging housing price growth will slow only when interest rates rise and not because of possible new measures such as deposit limits for investor buyers or housing considerations being imposed on the central bank in its rate-setting, the country’s largest mortgage lender says. Dwelling prices across the Tasman rose 21.5 per cent year-on-year in February, their fastest rate in 17 years, principally the result of lower borrowing costs. ANZ Bank NZ’s chief economist Sharon Zollner said the market would cool only once higher borrowing costs that were now creeping into longer-term bond yields were reflected in shorter-term mortgage rates.

North islandSouth australiaSharon zollnerKelvin davidsonJacinda ardernReal estate instituteHouse priceEconomist sharonReserve bankவடக்கு தீவுதெற்கு ஆஸ்திரேலியாஷரோன் ஜொல்ல்நேர்கெல்‌விந் டேவிட்சன்ரியல் எஸ்டேட் நிறுவனம்வீடு ப்ரைஸ்பொருளாதார நிபுணர் ஷரோன்