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Jenee Tibshraeny: New RBNZ data shows the property market is turning around

Author
Newstalk ZB,
Publish Date
Wed, 27 Sept 2023, 8:10pm
 (Getty Images)
(Getty Images)

Jenee Tibshraeny: New RBNZ data shows the property market is turning around

Author
Newstalk ZB,
Publish Date
Wed, 27 Sept 2023, 8:10pm

The property market roared to life in August, according to new data. 

The Reserve Bank's latest mortgage lending data shows banks issued $5.8 billion worth of mortgages last month- up 15.7 percent from July.

NZ Herald Wellington business editor Jenee Tibshraeny says this marks a turnaround for the property market.

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