25 Feb 2021

OCR: What will low interest rates mean for housing market?

From Morning Report, 7:55 am on 25 February 2021

The Reserve Bank has signalled interest rates are likely to stay at historically low levels for some time.

It says a significant amount of money still needs to be pumped into the economy despite a stronger than expected rebound post Covid-19 lockdowns.

What will this mean for our super-heated housing market?

Liz Kendall is a senior economist with the ANZ.