Mortgage lending to those with small deposits has edged down.
Latest figures show 6.5 percent, or just over $300 million, of new lending went to those with less than a 20 percent deposit in July.
That is below the peak of 6.7 percent recorded in the previous month.
The Reserve Bank introduced the loan to value ratio (LVR) restrictions in October last year, limiting low deposit lending to no more than 10 percent of new mortgages.
The major banks have reduced their lending to people with small deposits, while at the same time expanding lending to those with larger deposits.