The NZ Property Market Podcast CoreLogic NZ

After a round up of the MPS and removal of first home buyer grants, as first covered in last week's reactionary pod, Nick and Kelvin discuss the potential re-emergence of movers (thanks to the monthly chart pack).It's definitely too early to call it a trend just yet, but the settings are there for those that would have liked to have moved in the past few years to now get out and do it (affordability calculations pending!).Kelvin also reports on consumers being a little 'less unhappy', but imp...

It's been a busy day for property news, and in this shorter, reactionary episode, Nick and Kelvin first discuss the Reserve Bank's tough-talking monetary policy statement, then quickly cover off the announcement that first home grants have been canned.In a nutshell, inflation is still a problem, and OCR cuts seem off the table until 2025 - meaning 'higher for longer' mortgage rates too.Regarding first home grants, the decision will be disappointing for some would-be first home buyers (FHBs), ...

Still pretty fresh from the incredible game, but disappointing result, from the Phoenix on the weekend, Nick gets it all off his chest early to then refocus ahead of a big week for the property market with the RBNZ Monetary Policy Committee meeting on Wednesday. It comes as the range of economic data recently released is a bit mixed. Migration is slowing, but still high, rental growth is also slowing but the economy is showing further signs of resilience. From a property market pers...

This week we check back to see what first home buyers have been up to, including detailing our Q1 First Home Buyer Report and April's buyer classification data.Kelvin also details the stats of how long borrowers are fixing for, showing the short term is still favoured, though borrowers should definitely do some forward projections of what they're expecting or hoping for when the rate comes up next.Then, it's a look ahead to busy week ahead, which includes a special live podcast event, hosted ...

After the short reactionary pod for both the RBNZ Financial Stability Review (FSR), which was pretty stock-standard, and the Q1 labour market stats - which were a little more interesting, this week's pod is shorter than it otherwise would have been. First topic of conversation is the latest CoreLogic House Price Index (HPI) data, which provided further more compelling evidence of a struggling housing market, particularly in Auckland (to Nick's surprise). With more time to digest the...

Hot off the press, Nick and (a travelling) Kelvin catch up to quickly give their take on the just-released Financial Stability Report (FSR) from the Reserve Bank and official Labour Market stats for Q1 2024 from Stats NZ.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz