You are here

Auckland house prices keep central bank awake at night, says official

Wellington

SURGING Auckland house prices pose an increased risk to New Zealand's financial stability but the central bank can't raise interest rates to curb demand, deputy governor Grant Spencer said.

"When something keeps you awake at night, it is good to do something about it,"

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom