{"id":119215,"date":"2020-11-11T09:38:26","date_gmt":"2020-11-11T02:38:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-caught-off-guard-by-surging-house-prices-westpac-economist\/"},"modified":"2020-11-11T10:04:03","modified_gmt":"2020-11-11T03:04:03","slug":"reserve-bank-caught-off-guard-by-surging-house-prices-westpac-economist","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-caught-off-guard-by-surging-house-prices-westpac-economist\/","title":{"rendered":"Reserve Bank &#039;caught off guard&#039; by surging house prices &#8211; Westpac economist"},"content":{"rendered":"<p>&#013;<br \/>\nBy  RNZ The strength of the housing market has caught the Reserve Bank (RBNZ) &#8220;completely off guard&#8221; and its decision to consider bringing loan-to-value ratio restrictions back is not surprising, an economist says.&#8221;As recently&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12381124&amp;ref=rss\" target=\"_blank\">Reserve Bank &#8216;caught off guard&#8217; by surging house prices &#8211; Westpac economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; By RNZ The strength of the housing market has caught the Reserve Bank (RBNZ) &#8220;completely&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119215","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v0P","jetpack-related-posts":[{"id":10674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-to-introduce-new-mortgage-restrictions\/","url_meta":{"origin":119215,"position":0},"title":"Reserve Bank to introduce new mortgage restrictions?","date":"April 15, 2016","format":false,"excerpt":"\r The Reserve Bank is likely to introduce even more restrictive mortgage lending restrictions as the housing market takes off again, Westpac chief economist Dominick Stephens says.Westpac has upgraded its forecast for national house...\r \r Source : nzherald.co.nz\/Property\r Read more...Reserve Bank to introduce new mortgage restrictions?","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpac-economist-picks-housing-market-rebound-next-year\/","url_meta":{"origin":119215,"position":1},"title":"Westpac economist picks housing market rebound next year","date":"June 13, 2019","format":false,"excerpt":"\r New Zealand's flagging residential property market is set to take off again next year due to the cancellation of capital gains tax and a sharp drop in mortgage rates, says Westpac chief economist Dominick Stephens.Stephens is picking...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac economist picks housing market rebound next\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114347,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpac-revises-house-price-rise-forecast-anticipates-10-growth\/","url_meta":{"origin":119215,"position":2},"title":"Westpac revises house price rise forecast, anticipates 10% growth","date":"February 18, 2020","format":false,"excerpt":"\r Residential rents are rising, mortgage interest rates are sinking and house prices have just been forecast to rise more steeply this year than originally expected.Dominick Stephens, Westpac chief economist, today also revised his...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac revises house price rise forecast, anticipates 10% growth","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-zealands-upcoming-foreign-buyer-ban-set-to-hurt-housing-prices-says-westpac\/","url_meta":{"origin":119215,"position":3},"title":"New Zealand\u2019s upcoming foreign buyer ban set to hurt housing prices, says Westpac","date":"September 17, 2018","format":false,"excerpt":"\r Auckland and Queenstown house prices will be hurt by the upcoming foreign buyer ban, Westpac says. But just how great an impact the ban would have when it comes into effect in the next few weeks was hard to tell, said the bank\u2019s chief economist Dominick Stephens. He said\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpac-immediately-enforces-new-lending-rules\/","url_meta":{"origin":119215,"position":4},"title":"Westpac immediately enforces new lending rules","date":"July 20, 2016","format":false,"excerpt":"\r Westpac from this afternoon will not accept new loan applications from property investors who have less than a 40 per cent deposit.The Reserve Bank yesterday said new lending rules will coming into play from September 1. While...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac immediately enforces new lending rules","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104347,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpacs-chief-economist-says-a-capital-gains-tax-would-lead-to-higher-living-standards\/","url_meta":{"origin":119215,"position":5},"title":"Westpac&#039;s chief economist says a capital gains tax would lead to higher living standards","date":"February 24, 2019","format":false,"excerpt":"\r A top economist says a capital gains tax would lead to higher living standers for Kiwis, but is warning it would also slow the economy in the short term. Westpac chief economist Dominick Stephens is also picking house and farm prices...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac's chief economist\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119215"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119215"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}