The NZ Property Market Podcast
From underwhelming to disappointing?
More property market data this week and with it more evidence of the stuttering recovery, to the point where the old 'dead cat bounce' conversation has reared its head.
The latest CoreLogic Mapping the Market interactive report showing 221 of the 938 suburbs experiencing a drop in property values of at least 1%, including ten which fell by at least 5% over the three months to June.
In other data releases from last week, net migration is growing but the rate of growth is slowing - particularly due to Kiwi leaving our shores. Aligning to the theme of slower growth, rental prices also follow the trend, and there'll be plenty of eyes on this week's GDP release for Q1 to see how the broader economy has performed.
There's also RBNZ data about the fixed rate loan tenure people are choosing - why are people staying at the shorter end and what could it mean?
Keep an eye out for the monthly chart pack and monthly video, both out this week.
Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz
More property market data this week and with it more evidence of the stuttering recovery, to the point where the old 'dead cat bounce' conversation has reared its head.
The latest CoreLogic Mapping the Market interactive report showing 221 of the 938 suburbs experiencing a drop in property values of at least 1%, including ten which fell by at least 5% over the three months to June.
In other data releases from last week, net migration is growing but the rate of growth is slowing - particularly due to Kiwi leaving our shores. Aligning to the theme of slower growth, rental prices also follow the trend, and there'll be plenty of eyes on this week's GDP release for Q1 to see how the broader economy has performed.
There's also RBNZ data about the fixed rate loan tenure people are choosing - why are people staying at the shorter end and what could it mean?
Keep an eye out for the monthly chart pack and monthly video, both out this week.
Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz