Official Cash Rate | Residential Property Data | China
Shaw and Partners Director Andrew Kelleher discusses expectations for the Reserve Bank’s next OCR move. He also analyses QV’s latest residential property data, highlighting falling national values, continued weakness in Auckland and Wellington, and signs of seller fatigue. He also comments on stronger-than-expected building activity and considers whether this could signal a recovery in residential construction. In addition, he examines China’s planned stimulus for state lenders and insurers. Then onto market figures.
