New rules specify that proceeds raised from affordable housing REITs may not be used to finance commercial housing and commercial real estate development projects.
July 27, 2022The RBNZ suggests housing market objectives be excluded from the remit, just a year after it was amended to include house price considerations.
June 6, 2022The measures include shortening mortgage loan tenors from 30 to 20 years for corporate buyers and owners of multiple homes.
May 23, 2022The incumbent government's Super Home Buyer Scheme, seen as a play for voters, is being cricitised by the superannuation industry.
May 19, 2022President-elect Yoon Suk-yeol's government plans to relax LTV ratio restrictions and reduce taxes on owners of multiple homes.
April 12, 2022Premier Li Keqiang said at the NPC's annual meeting that the government will also adopt measures to keep housing prices stable and strengthen financial regulation.
March 9, 2022Loans provided to support affordable rental housing projects will not be included in the real estate loan concentration limits.
March 8, 2022The RBNZ may further tighten mortgage lending to guard against financial stability risks through adjustments to LVR restrictions.
May 6, 2021The FSC is setting up a special financial response team and new monitoring system to root out speculation in the property market.
April 10, 2021The RBNZ is concerned that increases in highly-leveraged borrowing, if continued, could lead to emerging risks to financial stability.
December 9, 2020