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
0.5% OCR cut with mortgage rates already dropping
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The Reserve Bank has followed through on what ‘the markets’ and bank economists were expecting, with a 0.50% OCR cut today.
Inflation is considered to already be back in the target range (official data due Tuesday 16th) and the economy is weak, with the RBNZ noting we have ample spare capacity in NZ.
Check out today’s reactionary pod for Nick and Kelvin’s take on the decision.
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