The NZ Property Market Podcast

Inflation, OCR, interest rates and the housing market

October 25, 2022 CoreLogic NZ Season 3 Episode 41
The NZ Property Market Podcast
Inflation, OCR, interest rates and the housing market
Show Notes

There are no surprises what forms the bulk of this week's podcast - inflation! With the latest CPI data out last week, and it coming as a shock to many, forecasts for the OCR, mortgage interest rates and house prices have been seriously revised. To kick things off Kelvin provides a 'review of the reviews', summarising the response to the inflation data and potential flow through to the housing market.

Amongst a wide-ranging, exploratory discussion Nick also references Cameron Bagrie's 'challenge to the status quo' article on BusinessDesk, imploring action to address the inflation issues from the bottom up and well as the top down, and to find ways to increase the productivity of our economy. 

In other releases the comprehensive quarterly property market and economic report for Q3 was published last week with the key insulating factor of a strong labour market setting this downturn apart from the GFC, leading the commentary.

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