The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message!In Episode 46, Nick and Kelvin discuss the election result from the weekend and potential implications for the property market.Kelvin then goes over the latest migration data, and provides clarity on the strength or otherwise of NZ citizens on the overall migration picture. There's also the latest sales numbers for September following the REINZ data release and insight on the strength of mortgage demand through the banks.The latest monthly video is now live at https://youtu.be/PTXV8jVASa0.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 45, Nick is joined by Rupert Gough, CEO and founder of Mortgage Lab and author of 'The Successful First Home Buyer' book.Rupert began working in the mortgage advice industry in 2011 and, after moving to Auckland in 2014, started The Mortgage Lab in early 2017. He talks to Nick about how the market has reacted to the craziness of 2020 and talks through what's happening from a finance assessment point of view through the banks.Rupert has great advice for first home buyers and investors alike and provides great insight into the mortgage advisor world. Check out all CoreLogic Research insights at https://www.corelogic.co.nz/research-news, and get in touch on twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz.Rupert can be contacted at rupertg@mortgagelab.co.nz  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!In Episode 44, Nick and Kelvin discuss the swathes of data which reflect the recent strength of the market. This includes results from the REINZ/Tony Alexander survey of agents, MBIE rental bond data and the preliminary ANZ Business Confidence data for October.There's also a bit of housing policy to consider as the National Party released more details of their plans, if they're successful at the election this week.Plus of course there's a bit of discussion on the All Blacks' drawn Bledisloe Cup test which Nick and his family attended!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 43, Nick and Kelvin pore over the latest CoreLogic House Price Index (HPI) data, which in general has shown a surprisingly strong property market. https://www.corelogic.co.nz/news/property-market-enters-spring There are a number of recent economic releases which help understand some of the context for that strength so Kelvin details those which prompts a bit of a broader discussion on the overall state of the market.Add to this Kelvin's recent article analysing Auckland, and a quick look at the early market indicators report and it's another bumper pod you don't want to miss. https://www.corelogic.co.nz/news/hows-aucklands-property-market-travellingCheck 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 42, Kelvin delves into the latest releases from the RBNZ, namely the Monetary Policy Review (where the Bank reviews the OCR and Quantitative Easing Programme) and the lending stats for August.We also have the latest credit card spend stats and the broader measure of economic activity, the NZ Activity Index for August to mull over. Nick also provides the latest from the CoreLogic early property market indicators, with both appraisals generated and valuations ordered recently playing a bit of catch-up.Kelvin was busy with media last week too, including speaking with Jenée Tibshraeny from interest.co.nz about the effectiveness of the brightline test. Full article is here https://www.interest.co.nz/property/107219/efficacy-using-tax-deter-property-speculation-air-meanwhile-national-campaigns 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 41, Kelvin gives his take on the latest record breaking GDP data for Q2, the key question being is it really relevant anymore, given the more reactive NZ Activity Index (August data out this Friday).The Pre-Election Economic and Fiscal Update (PREFU) was released last week so the guys discuss what it is and how it is relevant for the property market.And the CoreLogic Buyer Classification stats for August show mortgaged investors and first home buyers remain a key presence in the current market, ahead of RBNZ mortgage lending figures coming out this week.Then, looking ahead, Kelvin is keenly awaiting the latest RBNZ review of the OCR and QE programme, while the monthly video is now live. https://youtu.be/wO9ij273AMo 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 40, Nick kicks off with recognition of Te Wiki o te Reo Māori (Māori Language Week), before a quick discussion on Kelvin's weekend away embracing everything Taupō has to offer (while always scoping economic health and potential impacts on the property market!) Agent activity is back to early August levels (before the latest restrictions were imposed) but the recent drop has already been noted in reduced for-sale listings coming to market at a time when we should've seen a lift for spring.Kelvin then reviews ANZ's latest business confidence survey as the bank says things 'could be worse', and with the wage subsidy about to end we'll see if that's the case very soon. There's also MBIE data showing rents easing, net migration continuing to fall and REINZ reporting strong sales volumes, though Nick has a word of warning around some earlier comparisons to 2019 volumes being a little selective.The latest mapping the market interactive is live here https://www.corelogic.co.nz/mapping-marketCheck 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 39, Nick provides an update to previously reported CMA data as the recent drop was overstated, though the message of upcoming listings being restrained remains true.Valuations being ordered keep holding up too, so the recent trend of values remaining firm will likely continue. Kelvin also wraps up the latest macro-economic data releases in between discussion around RBNZ's latest commentary and the extension of the current alert level restrictions.If you missed last week's big releases, links for each are below:https://www.corelogic.co.nz/news/corelogic-house-price-index-aug-2020https://www.corelogic.co.nz/news/new-corelogic-housing-affordability-report-finds-boost-falling-interest-ratesMore info about the HPI:https://www.corelogic.co.nz/corelogic-house-price-indexCheck 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 38, Nick and Kelvin reflect on a busy week where the latest House Price Index was released under the CoreLogic brand and Kelvin took the inaugural CoreLogic Affordability Report to market (via TVNZ Breakfast!)Links for each release below:https://www.corelogic.co.nz/news/corelogic-house-price-index-aug-2020https://www.corelogic.co.nz/news/new-corelogic-housing-affordability-report-finds-boost-falling-interest-ratesMore info about the HPI:https://www.corelogic.co.nz/corelogic-house-price-indexCheck 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 37, Nick and Kelvin chat about the state of play as Auckland moves down to level 2.5. Appraisals generated by agents are down 62% prior to the latest lockdown, but valuations ordered for mortgages are up 9%.Reserve Bank lending data for July was strong, as was Stats NZ filled jobs data but consumer confidence from the August reading did take a minor dip, although given the latest restrictions that wasn't surprising.There are also some very exciting CoreLogic releases to chat about, including the first release of the CoreLogic HPI, last week's Pain & Gain Report for Q2 and the impending release of the CoreLogic Housing Affordability Report. Plus CoreLogic have a new website for all your property research needs - propertyvalue.co.nzCheck 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.