In Episode 31, Nick and Kelvin discuss yet more strong data on the economy and property market. Appraisals generated, new listings to market and valuations ordered are all holding up solidly, especially for this time of the year.
And from an economic perspective the NZ Activity Index (early read on GDP) is showing economic activity at similar levels to last year for June.
Add to that the latest House Price Index release from REINZ shows strength in property values towards the end of Q2. Of course, as Nick and Kelvin regularly say, the risks still remain so broader market optimism needs to be kept in check.
The latest market update video is available https://youtu.be/v6hvTlrrG-o
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.nz
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