• Hamilton’s property market is finally cooling off.

It’s both the newly established Reserve Bank loan to value ratio and a logical course, says Lodge Real Estate managing director Jeremy O’Rourke.

Earlier this year the Reserve Bank instigated a loan to value ratio for lending which meant a 40 per cent deposit was required when purchasing an investment property.

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MARK TAYLOR/FAIRFAX NZ
Vendors may need to readjust their expectations in a flattening Hamilton housing market.