The NZ Property Market Podcast
Brought to you by cotality, formerly CoreLogic. 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
S3.E34 - House price falls gain momentum, but…
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The Corelogic House Price Index showed the downward trend in property values gather steam in August but after providing a bit more detail of the results, Nick also mentions the early signs of some light at the end of the tunnel.
The foundation of the NZ labour market appears to remain as solid as ever too, with Kelvin reporting filled jobs increased again in July and business confidence looks to be rising from the doldrums too.
Building consents have (finally) shown signs of tailing off, and while it's still minor, Kelvin thinks it's time to call the turning point, though with the pipeline full and the recent government announcement to support commitments in the sector, a GFC-type bust phase isn't expected.
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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Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com
