The NZ Property Market Podcast

S2.E17 - Data, data, data

April 19, 2021 Season 2 Episode 17
The NZ Property Market Podcast
S2.E17 - Data, data, data
Show Notes

Firstly, apologies if the audio isn't perfect this week, we appeared to have a few connection issues while recording.

Coming off the back of a big week of data releases, Nick and Kelvin recap the key features of each release.

Of particular note is the Reserve Bank's update following the Official Cash Rate (OCR) review, as well as the latest NZ Activity Index (NZAC) for March. Meanwhile REINZ also released their March statistics.

Stats NZ published the latest version of their rental price index which is of great interest, following the increased coverage of potential flow on impacts to tenants from the March 23 Government announcement regarding interest deductibility for property investors. This sparks a review of the different datasets tracking rents around the country.

Lastly, a quick review of the CoreLogic Early Market Indicators shows steady demand alongside slowing supply, intimating no major reaction from the market just yet.

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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