If it seems quiet out there in housing market land - that's because it is. The latest Reserve Bank monthly mortgage figures show that fewer than 15,000 mortgages were issued last month. That's a record low for a June in the time this specific data has been collected - which is only since 2013. But it's a June record by some distance, beating the previous low of a little over 21,000 in that month in 2019. In June 2020 - just after the lockdown - there were nearly 22,000 mortgages issued, while in the same month a year ago there were 26,000 as the market was at that time just beginning to lose its roar a little.

https://www.interest.co.nz/personal-finance/116902/rbnz-figures-show-fewer-15000-mortgages-were-issued-last-month-easily

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