The NZ Property Market Podcast

S2.E30 - Slowdown or downturn?

July 05, 2021 CoreLogic NZ Season 2 Episode 30
The NZ Property Market Podcast
S2.E30 - Slowdown or downturn?
Show Notes

The latest CoreLogic House Price Index data threw up a few surprises regionally - Gisborne, New Plymouth and Napier all experienced minor drops over the monthly measure. This leads to Nick and Kelvin considering whether we're in for a slowdown in growth or more of a downturn in values.  

 A recent report from S&P ratings suggested there's a 1 in 3 chance of a correction too, so the guys chat what sort of environment could lead to that happening.

From an economic perspective most of the recent data is positive, although inflation concerns are increasingly becoming the most important factor to watch for, with the flow on to interest rates the key consideration.

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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