With a bit more data available since the Government's bold changes announced on March 23, Nick and Kelvin run the rule over it all to assess any changes in behaviour.
The banks are also making adjustments to their serviceability calculations, with ANZ the first to advise a reduction in rental income able to be used in income calculations for borrowing, which according to Ed from Opes will reduce the total amount investors can borrow by up to 15%.
Kelvin also provides a high level overview of the latest CoreLogic first home buyer report, which goes live on Tuesday 18 May, and is free to download from corelogic.co.nz.
Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz
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