The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message! In Episode 26, Nick and Kelvin discuss the latest market activity showing signs of seasonal normality now we're a few weeks into winter. Kelvin details his latest analysis on the migration picture, recently released GDP figures and which buyers transacted over the months of April and May. The guys briefly mention the latest market updat...

Send us a question/idea/opinion direct via text message! In Episode 25, Nick chats to Craig Russell, Registered Valuer and Director at Telfer Young Northland. Craig has a broad and deep experience in valuations and he delves into how valuers are currently navigating so much uncertainty. He talks to Nick about the role technology has played as well as providing real time insight into how the market...

Send us a question/idea/opinion direct via text message! In Episode 24, Nick and Kelvin interpret the just-released REINZ data for May with values showing definite weakness. The latest early market activity indicators are also showing signs of a slow-down as the pent up demand from lock-down starts to diminish and we hit winter. Plus there's migration data, the new REINZ Market Confidence rep...

Send us a question/idea/opinion direct via text message! In Episode 23, Nick catches up with Bindi Norwell, CEO at the Real Estate Institute of NZ. In a wide ranging interview Bindi speaks about the role the Institute played throughout each of the lockdown levels, advocating for its members with the Government. Bindi also talks about the way the industry has changed and the role of technology, dat...

Send us a question/idea/opinion direct via text message! In Episode 22, Nick and Kelvin discuss the need to remain balanced in our outlook as positivity abounds with the news of a shift to Level 1. They also discuss the latest data showing the potential for a second larger wave of unemployment on the horizon and what it could mean for the property market. Kelvin also covers off his latest pulse ar...

Send us a question/idea/opinion direct via text message! In Episode 21, Nick and Kelvin cover off the latest from their early market indicators showing activity remaining strong. Nick also provides some guidance when interpreting all the different market measures out there, especially important off the back of the latest QV House Price Index data. Meanwhile Kelvin gives his own review of the RBNZ&...

Send us a question/idea/opinion direct via text message! In Episode 20, Nick and Kelvin discuss market momentum as signs of optimism become clearer.  As always there is a word or two of caution however, with figures on mortgage deferrals and redundancies announced at Fletcher's (among others) illustrating we're not through the woods just yet.  There's also credit card spending data,...

Send us a question/idea/opinion direct via text message! In Episode 19, Nick and Kelvin discuss the latest market activity, from busy open homes to the increasing number of mortgage valuations being sourced. Kelvin provides an excellent summary of the RBNZ Monetary Policy Statement as well as the $50bn Government budget announced late last week. There's also REINZ sales data for April to chew...

Send us a question/idea/opinion direct via text message! In Episode 18, Nick catches up with Tony Alexander, independent economist and market commentator. With over 25 years as BNZ's Chief Economist Tony has a wealth of knowledge and experience to help Kiwis understand and navigate these uncertain and unnerving COVID-19 times. Tony provides his take on everything from bank funding to whether...

Send us a question/idea/opinion direct via text message! In Episode 17, Nick and Kelvin give their immediate reaction to the Government's announcement of the plan to move to level 2, starting this Thursday 14 May. Kelvin previews a massive week for data and announcements coming up, including a Reserve Bank Monetary Policy Statement (including Official Cash Rate review), the Government Budget,...

Send us a question/idea/opinion direct via text message! In Episode 16, Nick and Kelvin discuss the uplift in the latest real-time activity data they're tracking and the confirmation of the loan-to-value ratio restrictions being temporarily removed by the RBNZ. Nick also speaks about the results from an investor survey CoreLogic ran to get a pulse on that section of the market, while Kelvin r...

Send us a question/idea/opinion direct via text message! In Episode 15, Kelvin chats with Peter Newbold, the General Manager of Real Estate for PGG Wrightson. Peter has been in his current role since September 2013 and has plenty of prior real estate experience, as well as marketing, business development, and retail business ownership/franchising. Peter’s view is that real estate volumes (provinci...

Send us a question/idea/opinion direct via text message! Firstly apologies for the minor technical issue recording this week, which caused some audio to bug out. In Episode 14, Nick and Kelvin discuss the good news for the industry that real estate can be transacted again now that we are in COVID-19 level 3 restrictions, and what the latest real-time activity data is showing. They also consider th...

Send us a question/idea/opinion direct via text message! In Episode 13, Nick catches up with Glenn Stevenson the Head of Mortgages for ANZ Bank. With over 25 years in banking and finance, Glenn knows the ins and outs of the industry and in his role as head of mortgages Glenn oversees everything to do with home loans at NZ's largest bank, ANZ.  Glenn offers up some great insight behind the cur...

Send us a question/idea/opinion direct via text message! In Episode 12, fresh from the Government's announcement of the extension of the level 4 COVID-19 lockdown, Nick and Kelvin discuss what level 3 could mean for the property market. Nick also mentions CoreLogic's early market indicator report, available for free to anyone wanting to track the most recent movements in the market, and...

Send us a question/idea/opinion direct via text message! In Episode 11, Nick calls up Lloyd Budd, Director for Bayleys Commercial and Industrial in Auckland to chat about the commercial property market in detail. Lloyd has 17 years of global experience across development, agency and leadership and brings a unique, big-picture approach to innovation. Lloyd has extensive relationships across the com...

Send us a question/idea/opinion direct via text message! In Episode 10, Nick and Kelvin chat about the latest data, which shows activity may have started to pick up, in anticipation of the lock down ending. Kelvin discusses his latest article which focused on what might be in store for property investors, based on their activity around the country and probable reduction in demand in some areas. An...

Send us a question/idea/opinion direct via text message! In Episode 9, Nick calls up Nigel Jeffries - Head of Trademe Property to chat everything property. Nigel has a long history in property in NZ and abroad and talks about how COVID-19 has impacted the Trademe business in the short term and where he thinks the market is headed. Nigel also has some sound advice to agents and other businesses dea...

Send us a question/idea/opinion direct via text message! In Episode 8, Nick and Kelvin are joined by Sam McIntyre, owner at Tall Poppy Real Estate. As per usual there is plenty to chat about as we make our way through the lock down and Sam has plenty of wise words for Real Estate Agents kicking back at home.  Plus, we answer a listener question after Mattias got in touch regarding the short term a...

Send us a question/idea/opinion direct via text message! In Episode 7, Nick and Kelvin, both in lock down at their respective homes, talk through some of the real-time data they're tracking to understand industry behaviour leading into the coronavirus enforced lock down.  They also discuss some of the economic forecasts out there to start to imagine what the post-lock down property market mig...

Send us a question/idea/opinion direct via text message! (NB - This podcast was recorded before the announcement from the Government for the country to move to alert level 4 within 48 hours in response to the COVID-19 outbreak.) In Episode 6, Nick and Kelvin discuss the latest on the coronavirus and likely impacts to the property market, including where to from here with regards to GDP, property s...

Send us a question/idea/opinion direct via text message! In Episode 5, Nick and Kelvin are joined by Head of Research for CoreLogic Australia, Eliza Owen.  Fresh from the RBNZ's emergency announcement of a 75 basis point cut to the OCR, taking it to 0.25%, the team consider all the potential impacts to the residential property market. Of course at the heart of it all is the ever-changing situ...

Send us a question/idea/opinion direct via text message! In Episode 4, Nick and Kelvin discuss the latest House Price Index data and building consents issued. Plus they've a few interesting anecdotes from their week out and about. Mapping the Market tool, to visualise median values and value change by suburb available at https://www.corelogic.co.nz/mapping-market Check out all CoreLogic Resea...

Send us a question/idea/opinion direct via text message! In Episode 3, Nick (fresh from welcoming a new baby into the world!) and Kelvin pick out a few key insights from the recently released Pain & Gain report. Kelvin gives his take on the latest mortgage lending figures released by the Reserve Bank and he also considers the impact of Coronavirus on the NZ Property market.  Check out all Core...

Send us a question/idea/opinion direct via text message! In Episode 2, Nick and Kelvin chat about the latest REINZ data, including the recent strength of the Auckland property market and a caution for the median sales price measure. Kelvin's also talks about his latest market pulse on investment yields around the country, and the lads ponder what's in store for the year and whether histo...