The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message!After a short summer break Nick and Kelvin are back on deck to chat about the year ahead in the property market. The December CoreLogic House Price Index first rounds out the year though, with growth the order of the day. 6.1% growth over the final quarter of the year brings sustainability and affordability to the fore so Nick takes a look at the data to reveal what's happening from an affordability perspective.Kelvin provides a summary of economic data release both recent and upcoming, with the NZ Activity Index (lead indicator for GDP) of most interest this Friday.Nick then considers where to next for the loan-to-value ratio (LVR) restrictions, given the CoreLogic Buyer Classification series is showing investor activity at similar levels to the last time the Reserve Bank moved to the 40% deposit requirement for investors (2016).And finally, a quick look over the CoreLogic early market indicators to see how activity in the new year has begun.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 bumper final episode of the year, number 55, Nick and Kelvin look back at the year that was 2020 in the property market. To kick things of this is done through the lens of the CoreLogic 'best of the best' report, released last week, before delving into a few highlights of the year.A shorter look back at the last week of data and media coverage highlights Stuff's new affordability dashboard, complete with CoreLogic first home buyer data, and Kelvin recounts the strong GDP figures for Q3 as well as improving results from the latest ANZ confidence surveys.Nick then has to reiterate his regular warning around using median sales prices to assess market performance after a few recent media stories did exactly that.And finally, all signs, including CoreLogic early market indicators, point to much of the same strength occurring in 2021.Corelogic final video of the year is here.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 episode 54 Nick and Kelvin discuss the latest correspondence between the RBNZ and the Minister of Finance. There's plenty to cover, including debt-to-income restrictions (a week after Kelvin wrote specifically about them) and other options to extend the RBNZ's mandate.Sticking with the RBNZ, they're consulting on LVR re-introduction and the direct funding for lending programme is underway.Meanwhile the Prime Minister has essentially stated that 'sustained moderation' remains the Government's goal when it comes to house prices, as people 'expect' the value of their most valuable asset to keep rising. Jenée Tibshraeny wrote an excellent piece on interest.co.nz about the Government's position.There's also the latest buyer classification data, REINZ' latest release, the NZAC for November, new 'land banker' data and even more! It's a busy end to the year.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 episode 53 Nick covers off the latest CoreLogic House Price Index for November, as well as a few stats illustrating the affordability challenges at the moment.Kelvin then gives an overview of DTIs (debt-to-income ratios) which have come back into the RBNZ's lingo again.There's also a few solid economic release to cover, a seasonal drop away in listing and valuations activity and a lot to look forward to over the next week.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 episode 52 Nick and Kelvin weigh into what is becoming a very heated political topic right now - who is to 'blame' for the runaway growth in the NZ property market, and who needs to do what about it?The CoreLogic Pain & Gain report also provides yet more evidence of the strong market and is available here. And all signs from the CoreLogic Early Market Indicators reporting point to current trends to continue into and out the other side of the holiday break. 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 episode 51 Nick and Kelvin discuss the release and results of the hugely popular first home buyer (FHB) report which showed how active FHBs have been and what part of the market they've been entering. Full report available here.The RBNZ also released some revealing data with the total value of mortgages on deferral programme diminishing throughout October to significantly reduce the risk the proposed end of the scheme presents. And a recap on the early market indicators reveals recent short term trends are likely to persist through the end of the year with agent appraisals slowing and bank valuations increasing.The monthly video is available here. 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 episode 50 Nick and Kelvin 'raise the microphone' to acknowledge the half century milestone and spend a decent amount of time reviewing a heck of a week for the Reserve Bank.There's also plenty of October data to chew over - including the CoreLogic Buyer Classification series, NZ Activity Index and REINZ sales data.And in a special treat for the 50th ep, Kelvin delves into the details of the CoreLogic First Home Buyers report ahead of the report going to the media!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 Episode 49 (with shorter intro), there are a few higher profile news stories to chat about, starting with whether or not first home buyers are worsening the housing crisis. But there were also a few 'records' being touted that may not have been as significant as they sound.Kelvin then rounds up the economic data releases from last week, including building consents and unemployment figures, before looking ahead to an intriguing release from the RBNZ with their Monetary Policy Statement at Wed 2pm.And finally a thanks to Roz for her correspondence about Queenstown!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 Episode 48, Nick kicks the pod off by delving into the latest CoreLogic House Price Index data for October. Values have accelerated off the back of continually strong demand and a lack of supply, which are also illustrated by the latest RBNZ lending stats.The labour market continues to weather the COVID storm well, as Stats NZ report from their 'jobs filled' data. Kelvin provides the detail on this as well as ANZ's latest confidence surveys, which are also leaning towards the positive.There's also foreign buyer stats, and a quick chat about the uplift in early market indicators for both supply and demand.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 Episode 47, there's plenty of economic data to chew over, starting with the NZ Activity Index (NZAC). This is the more timely measure of economic activity, essentially pre-empting the official GDP figures. September's result was surprisingly strong and ends Q3 on a solid note.There was also an update to the population growth figures for every TA (city/town) across the country, so Kelvin provides an overview of the areas with the greatest, and not-so-greatest increases.Then as per usual Nick updates us on what the early market indicators are telling us about immediate property supply and demand, before getting Kelvin to get his crystal ball out for the latest mortgage lending stats.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.