{"id":16763,"date":"2019-02-05T12:03:57","date_gmt":"2019-02-04T23:03:57","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=16763"},"modified":"2019-02-05T12:03:57","modified_gmt":"2019-02-04T23:03:57","slug":"apartment-approvals-slump-amid-lending-crackdown","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/apartment-approvals-slump-amid-lending-crackdown\/","title":{"rendered":"Apartment approvals slump amid lending crackdown"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Banks have clamped down on lending to investors, under pressure from the regulator and the financial services royal commission. Photo: James Alcock<\/strong><\/p>\n<p class=\"p2\">The number of new apartment approvals has fallen sharply as investors struggle to get bank loans and remain cautious about falling dwelling prices.<\/p>\n<p class=\"p2\">The amount of apartments approved dropped 49 per cent in the December quarter 2018, compared to the same period a year earlier, official figures on Monday showed.<\/p>\n<p class=\"p2\">It comes as banks have clamped down on lending to investors, under pressure from the regulator and the financial services royal commission.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/apartment-approvals-slump-as-investors-stay-cautious-about-falling-prices-798363\/\">DOMAIN<\/a><\/p>\n<p>https:\/\/www.instagram.com\/p\/BsWb_DNFOSl\/<\/p>\n<p><a class=\"twitter-timeline\" data-width=\"1200\" data-height=\"1000\" data-dnt=\"true\" href=\"https:\/\/twitter.com\/propertynoisenz?ref_src=twsrc%5Etfw\">Tweets by propertynoisenz<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Banks have clamped down on lending to investors, under<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/apartment-approvals-slump-amid-lending-crackdown\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":16764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098573,478103485,478098512,478098521,478102642,478098519,478098535,478098537,478098906,478098556,478098513,478099125,478098579,478098510,478098514,478098511,478098509,478099581,478098536,478098618],"class_list":["entry","author-data123nz","post-16763","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-apartment","tag-apartment-approvals","tag-australia","tag-australians","tag-bank-loans","tag-home-ownership","tag-house-prices","tag-melbourne","tag-mortgage-lending","tag-nsw","tag-property","tag-property-crash","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-royal-commission","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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