The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message! This week, Nick is back from holiday to recap a busy past week as well as upcoming one when it comes to data and information relating to the property market. Hot off producing the flagship CoreLogic Quarterly Property Market and Economic Update , which is absolutely free to download, Kelvin gives a quick summary of the state of the market pr...

Send us a question/idea/opinion direct via text message! With Nick away on leave in Southland (last time it was Northland; he loves the extremes of the country!), Kelvin takes up the reins and in lieu of much data being released over the past week, he looks ahead to upcoming releases.  After running through filled jobs and both business and consumer confidence, the discussion is about the mortgage...

Send us a question/idea/opinion direct via text message! In this special episode Richard Deakin chats with Dr Georgia McGregor, CoreLogic's in-house construction data expert. Georgia has a fascinating background, having completed an Honours thesis on extraterrestrial architecture, followed by a PhD focussed on architecture in video games. She talks us through her studies, and their relevance...

Send us a question/idea/opinion direct via text message! 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 t...

Send us a question/idea/opinion direct via text message! With a heap of data being released this week, Kelvin and Nick take the opportunity to look ahead and not back. Kelvin details what to expect with the RBNZ OCR decision on Wednesday, with CoreLogic Buyer Classification data for March helping to set the scene. From an economic perspective there's also migration data to be released, as wel...

Send us a question/idea/opinion direct via text message! In a special guest podcast, Nick is joined by Ed McKnight, resident economist at Opes Partners. Ed talks in detail about how the latest Government announced changes are affecting investors strategies and plans for investing in property.  Sign up for news and insights or contact on LinkedIn , X @NickGoodall_CL or @KDavidson_CL and email ngood...

Send us a question/idea/opinion direct via text message! The analysis of the potential impact of the removal of interest deductability for property investors continues with a data-focussed look into the immediate cost increase facing current owners. As Nick explains, it should be relatively limited in the short term. Part of the reason is due to the exceptional growth in the market, expecially in...

Send us a question/idea/opinion direct via text message! With almost a week to digest the big announcement from the Labour Government last week, Nick and Kelvin round up their thoughts and feedback from their recent travels presenting to clients. An immediate look to the future includes reviewing the latest early market indicators data to see any intitial reaction from potential vendors/buyers. Pl...

Send us a question/idea/opinion direct via text message! In a special edition, reactionary pod, Nick and Kelvin cover off the big announcement made by the Government on Tuesday 23 March 2021. The changes announced are as follows: Remove interest deductibility for new investors immediately, and for existing owners phased to 2025 – new builds to be exempt Extend Brightline Test to 10 years – new bui...

Send us a question/idea/opinion direct via text message! Off the back of the latest CoreLogic Buyer Classification data, showing further strengtth in investor activity, Nick and Kelvin have a wide ranging discussion about the potential of further restrictions on their activity, especially on interest only lending.  There's a lot to consider, including a look across the Tasman to what happened...

Send us a question/idea/opinion direct via text message! This week Nick and Kelvin review the latest Corelogic Buyer Classification data for February. With investor activity remaining elevated, the discussion covers the rush before the return of the loan-to-valuation ratio limits as well as the potential of restrictions on interest only loans. A look across the Tasman may offer some insight into w...

Send us a question/idea/opinion direct via text message! This week Nick and Kelvin review the Corelogic House Price Index release from last week. In general the results showed continued momentum in the market, however a blip in the Tauranga index raised questions on whether the expected slowdown is already upon us. Then Kelvin reviews the latest economic data releases, with a particular focus on t...

Send us a question/idea/opinion direct via text message! In this very special edition of the podcast we celebrate International Women's Day by profiling three very successful and influential female leaders in the property and banking industry. Nick welcomes Simone Moors, NZ Country Manager for CoreLogic, Debbie Mills, Tribe Lead for Home Ownership at ASB and Viv Gurrey, Chief Executive for th...

Send us a question/idea/opinion direct via text message! This week Nick and Kelvin discuss the big news of last week - that the Reserve Bank must take house prices into account when setting their policy.  The RBNZ also released their first Monetary Policy Statement for the year, which Kelvin reviews and considers where-to for interest rates. The CoreLogic Affordability Report was released last wee...

Send us a question/idea/opinion direct via text message! This week Nick and Kelvin provide their take on the latest sales data for January, showing relatively low activity outside of Auckland. A key release this week is the CoreLogic Housing Affordability Report so Kelvin provides a preview of that ahead of the official release on Wed/Thur. There's also a bit more discussion around the reintr...

Send us a question/idea/opinion direct via text message! With the latest announcement of a move to alert level 3 in Auckland and 2 elsewhere, Nick and Kelvin cast their minds back to previous times this happened, using the early market indicators to help set expectations for the property market in the coming days. With a bit more time to digest the announcement by RBNZ to reinstate the loan-to-val...

Send us a question/idea/opinion direct via text message! A mid-podcast announcement from the RBNZ regarding the return of the LVR restrictions has Nick and Kelvin providing their 'live reaction'. With the proposed increase to 40% deposit requirement for investors from 1 May 2021 it aligns with most expectations and will likely lead to a slowing of property value growth from the middle of...

Send us a question/idea/opinion direct via text message! Off the back of the latest Quarterly CoreLogic Property Market and Economic report , Kelvin and Nick (freshly back from holiday) muse the likelihood of the LVR limits returning to a 40% deposit requirement sooner rather than later, given strong recent investor activity. Kelvin then rounds up last week's economic releases - consumer conf...

Send us a question/idea/opinion direct via text message! With Nick away on leave in Northland, Kelvin takes up the reins and outlines how the Early Market Indicators still point to a tight supply/demand balance over the next few weeks and months.  Meanwhile, the latest net migration figures have remained low and slow, and perhaps a bit ‘boring’ – certainly, other factors such as low mortgage rates...

Send us a question/idea/opinion direct via text message! With REINZ releasing their sales statistics for December, Nick runs through the figures on sales volumes as well as the headline index results. Kelvin then delves into the latest economic releases, including strong jobs data, increasing rental figures and yet more dwellings being consented. This provides the back-drop for a discussion on the...

Send us a question/idea/opinion direct via text message! After a short summer break Nick and Kelvin are back on deck to chat about the year ahead in the property market.  The December CoreLogic House Price Index first rounds out the year though, with growth the order of the day. 6.1% growth over the final quarter of the year brings sustainability and affordability to the fore so Nick takes a look...

Send us a question/idea/opinion direct via text message! In a bumper final episode of the year, number 55, Nick and Kelvin look back at the year that was 2020 in the property market.  To kick things of this is done through the lens of the CoreLogic 'best of the best' report , released last week, before delving into a few highlights of the year. A shorter look back at the last week of dat...

Send us a question/idea/opinion direct via text message! In episode 54 Nick and Kelvin discuss the latest correspondence between the RBNZ and the Minister of Finance. There's plenty to cover, including debt-to-income restrictions (a week after Kelvin wrote specifically about them) and other options to extend the RBNZ's mandate. Sticking with the RBNZ, they're consulting on LVR re-in...

Send us a question/idea/opinion direct via text message! In episode 53 Nick covers off the latest CoreLogic House Price Index for November, as well as a few stats illustrating the affordability challenges at the moment. Kelvin then gives an overview of DTIs (debt-to-income ratios) which have come back into the RBNZ's lingo again. There's also a few solid economic release to cover, a seas...

Send us a question/idea/opinion direct via text message! In episode 52 Nick and Kelvin weigh into what is becoming a very heated political topic right now - who is to 'blame' for the runaway growth in the NZ property market, and who needs to do what about it? The CoreLogic Pain & Gain report also provides yet more evidence of the strong market and is available here . And all signs fr...