The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message!The latest CoreLogic House Price Index data threw up a few surprises regionally - Gisborne, New Plymouth and Napier all experienced minor drops over the monthly measure. This leads to Nick and Kelvin considering whether we're in for a slowdown in growth or more of a downturn in values.   A recent report from S&P ratings suggested there's a 1 in 3 chance of a correction too, so the guys chat what sort of environment could lead to that happening.From an economic perspective most of the recent data is positive, although inflation concerns are increasingly becoming the most important factor to watch for, with the flow on to interest rates the key consideration.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!We're now three months since the 'big, bold' Government housing announcement, which included the phased removal of interest cost deductibility for investors and an extension to the Brightline test. Nick and Kelvin take the opportunity to review any impact from the announced changes. This includes listing supply, mortgage demand, rental prices, buyer activity and value growth.Kelvin also recaps May lending data as reported by the RBNZ, and there's a listener question to delve in to regarding the debt-to-income (DTI) proposals. Thanks to Jon for getting in touch.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!Last week the Reserve Bank were technically granted permission to add debt-to-income (DTI) limits to their macro-prudential toolkit. With the news, came a paper with plenty of detail into how these mate work and who they might affect. Nick and Kelvin provide their takeaway points after giving the document the once over. One key upshot is that we're unlikely to see implementation of any limits this year.The other big piece of news last week was the GDP figures for Q1, which surprised all economists for it's strength. In light of this, forecasts for interest rate increases have been brought forward my many in the industry.There was also net migration data, rental price information and the REINZ stats to review and a look ahead to May lending data.Check out the best of the best release for 2021 so far and the June video.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!In a slightly shorter pod than usual, Nick and Kelvin review the latest CoreLogic Buyer Classification data, showing investor activity further reducing in May. While the drop is likely more attributable to the return of the tightened loan-to-value (LVR) limits, the interest deductibility changes for investors also comes up, especially off the back of the 143 page discussion document released by the Government.Kelvin also takes a look at the latest data of how many properties are listed for sale, and the flow of properties coming to market.Then, in the weekly economic review/preview the guys delve a little bit deeper into inflation expectations and why they matter when it comes to the property market and specifically mortgage holders interested in where interest rates are headed.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!In a quieter week for data releases Nick and Kelvin share a few anecdotal stories from a week of travel alongside Bayleys and Centuria. Kelvin provides some insight into the aftermath of the Canterbury floods as well as the latest on his personal new build, plus his take on 'the vibe from the road' after speaking with investors around the country.The CoreLogic HPI was the main data release of the week though and off the back of this Nick did an interview with Bernard Hickey to discus the results.Kelvin then reviews the latest on business confidence and dwelling consent data, before a brief look ahead to the May Buyer Classification data which will be available this Friday.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!Last week the Reserve Bank released it's latest Monetary Policy Statement and it provided plenty to chew over from a property perspective so Nick and Kelvin dedicate the majority of this week's podcast to it.Kelvin also covers off recent and upcoming economic data, including filled jobs and confidence data, while Nick previews the imminent CoreLogic House Price Index release and rounds out the latest read on the early market indicators data which has now been retired.And lastly, Nick touches on the release of the hugely popular Corelogic Pain & Gain report, just before Kelvin's connection drops out!Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!This week Nick reviews the Government Budget, including Treasury's house price forecast and other implications from announced spending initiatives (or lack of).Kelvin then gives an update on the latest RBNZ data and also what's to come - with their next Monetary Policy Statement due out this Wednesday.Kelvin also covers the latest migration data and looks ahead to consumer confidecnce and job data, while Nick reports on the latest early market indicators.Links to first home buyer report, monthly video and keep an eye out for the Q1 Pain & Gain report too. Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!Hosted by Shelley Horton, Head of Valuation Strategy & Solutions, our Women in Business Podcast features lively discussions and tips on leadership and business by some of the top women leaders in the Valuations Industry.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!With a bit more data available since the Government's bold changes announced on March 23, Nick and Kelvin run the rule over it all to assess any changes in behaviour.  The banks are also making adjustments to their serviceability calculations, with ANZ the first to advise a reduction in rental income able to be used in income calculations for borrowing, which according to Ed from Opes will reduce the total amount investors can borrow by up to 15%.Kelvin also provides a high level overview of the latest CoreLogic first home buyer report, which goes live on Tuesday 18 May, and is free to download from corelogic.co.nz.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.

Send us a question/idea/opinion direct via text message!Off the back of the release of the CoreLogic House Price Index last week, Nick takes the opportunity to evaluate the performance of the market since the big Government announcement on March 23. The impact on property values is hard to assess, but other measures of market activity are very revealing in terms of a lack of reaction, despite commentary otherwise.(and minor correction, Nick mentions the market potentially switching to a sellers' market - he of course means a buyers' market!)Then Kelvin gives the RBNZ Financial Stability Report the full once-over to get a better understanding of the RBNZ's read of the economy and housing market (which featured heavily). This includes their take on potential tightening of loan-to-value ratio restrictions and assessment of debt-to-income limits and interest only lending caps.To round out the pod, Kelvin reviews plenty of positive economic data and then looks ahead to upcoming data releases, in particular the CoreLogic Buyer Classification data for April.Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nzSign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.comThis podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.