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NZ central bank assessing whether more housing market curbs needed

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New Zealand's housing market is picking up after a brief lull, with prices nationally rising 12 per cent in April from a year earlier, according to a government research firm.

Wellington

NEW Zealand's central bank said it is watching the nation's booming housing market to decide whether further restrictions are needed to curb demand.

"The Reserve Bank is closely monitoring developments to assess whether further financial policy measures would be