From RBNZ's lending by borrower type figures for August
- Overall share of new mortgage lending going to investors in the month dropped sharply
- To just under 33%, from 37% in July and nearly 38% in June
- Previously the ratio had been rising strongly
This, of course, is just one month's figures, the question is if the slowing in lending to investors is the start of a slowing trend in the housing market
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Note, new LVR restrictions targeting investors begin on October 1 in New Zealand