Would not use DTIS while housing market continues to moderate

Further surge in house prices can't be ruled out as mortgage rates are low, net migration flows strong

Long-term inflation expectations remain well anchored at the target mid-point of 2 percent

Lvrs are not expected to be a permanent measure, but their removal would require a degree of confidence that financial stability risks won't deteriorate again

There's a risk of a housing market resurgence if lvrs were removed at this time