In an absolute bumper episode Nick and Kelvin first cover off the just released CoreLogic Pain & Gain report, providing further proof of the changing market but also a reminder of where we're at in the broader historical context of the market.
Then the Government Budget announced last week did actually have something in it for first home buyers, but otherwise was of interest due to potential flow through to greater inflation.
After briefly covering the latest DTI data from RBNZ and the NZ Activity Index showing a slowing economy, Nick then praises the work of regular listener Adam who got in touch recently regarding his early read of the weak Auckland market. Plenty of lessons from Adam's experience and advice - thanks again for getting in touch!
Kelvin's "Did you know" article covers off some less understood or reported facts and this week we'll be keenly awaiting the MPS from the RBNZ, including their review of the OCR - 100% guaranteed to lift by 0.5% ;)
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