The NZ Property Market Podcast
Brought to you by CoreLogic and produced by Agents TV. Each week co-hosts Nick Goodall and Kelvin Davidson will bring you all the latest news, stats and insight to keep you up to date with everything to do with the NZ residential property market. Including sales volumes, house price indices, buyer activity, interest rates, loan-to-value ratio restrictions and all of the macro economic factors that influence our largest asset class. Contact us on twitter @NickGoodall_CL or @KDavidson_CL
The NZ Property Market Podcast
Was it a dead cat bounce?
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How real was the property value growth experienced at the end of 2023? Off the back of the CoreLogic housing chart pack release as well as the REINZ HPI for May, Nick and Kelvin question whether we're in a renewed downturn, or whether it's essentially same one as last year.
Sounds a bit grim for homeowners and add in a still-struggling economy (despite GDP expansion in the first quarter of the year) plus a few isolated incidents (ferry running aground, Northland power tower down, air force plane being unreliable) and it appears a pretty bleak picture for Kiwi right now.
In more promising news the Government's proposal to make it easier to add granny flats to existing properties sounds sensible, albeit unlikely a game changer.
The monthly video is now live, give the extra podcasts last week a listen and keep an eye out for Kelvin's "thoughts from the road" coming 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