Too soon to see effect of home loan restrictions

The Reserve Bank says it's too early to decide whether the restrictions on low equity home loans has had the desired effect.

Real Estate institute figures show house sale prices continue to rise although indications are that sales volumes have slowed. However, volumes change more quickly than prices with volumes lower than expected for this time of year.

The Reserve Bank says it’s too early to decide whether the restrictions on low equity home loans has had the desired effect.

Real Estate institute figures show house sale prices continue to rise although indications are that sales volumes have slowed. However, volumes change more quickly than prices with volumes lower than expected for this time of year.

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