RBNZ Wheeler: Seriously concerned by risk in Auckland house market

FXStreet (Bali) - Comments from RBNZ Governor Wheeler at his press conference post the Central Bank's Financial Stability Report are hitting the wires.

Main headlines

Lending curbs may cut Auckland house inflation by 2-4%

May cut Auckland transactions by 8-10%

Seriously concerned by risk in Auckland house market

Declines to comment on monetary policy