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Many people said that when the FHB boost subsided we would see a large overall drop in demand. Many people said that investors would not return to the market. The fact that investor finance rose so much that it caused total finance to rise is a positive sign. If investor finance had not jumped...

Todays unemployment figures, along with yesterdays huge jump in investor housing finance commitments, mean a rate rise next month is almost certain. What a difference two days of news can make!