The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message! More property market data this week and with it more evidence of the stuttering recovery, to the point where the old 'dead cat bounce' conversation has reared its head.  The latest CoreLogic Mapping the Market interactive report showing 221 of the 938 suburbs experiencing a drop in property values of at least 1%, including ten whic...

Send us a question/idea/opinion direct via text message! With no external data releases to consume and interpret, this week it's all about CoreLogic data. Lead by the CoreLogic House Price Index for May, Nick and Kelvin discuss the results, in particular the recent decline in Auckland property values.  Given the chance to go a bit deeper into the results, market drivers like listings, constru...

Send us a question/idea/opinion direct via text message! This audio is the recording of an in-person event, hosted by the Auckland Property Investors Association titled " The Elephant in the Housing Room: What the Experts See When the Rest of Us Aren't Looking ". Moderated by Nick Goodall, Head of Research at CoreLogic NZ, featuring a panel of Opteon MD, Richard Vaughan, Chief Execu...

Send us a question/idea/opinion direct via text message! This week there's a lot of chat about lending. Following the RBNZ confirming the framework and timing of the debt-to-income (DTI) restrictions, coming 1 July, Kelvin gives and overview of the details as well as potential implications.  Showing off his Nostradamus qualities this came hot on the heels of his own analysis of the latest len...

Send us a question/idea/opinion direct via text message! This week, Nick chats to Aaron Cooke, adviser from the award winning  Loan Market Highland Park Office. Aaron is a passionate and articulate advisor with his finger on the pulse of all things property.  Today's discussion covers a myriad of topics - honing in on first home buyer mentality and behaviour, the impact of the 'transacti...

Send us a question/idea/opinion direct via text message! After a round up of the MPS and removal of first home buyer grants, as first covered in last week's reactionary pod, Nick and Kelvin discuss the potential re-emergence of movers (thanks to the monthly chart pack ). It's definitely too early to call it a trend just yet, but the settings are there for those that would have liked to h...

Send us a question/idea/opinion direct via text message! It's been a busy day for property news, and in this shorter, reactionary episode, Nick and Kelvin first discuss the Reserve Bank's tough-talking monetary policy statement, then quickly cover off the announcement that first home grants have been canned. In a nutshell, inflation is still a problem, and OCR cuts seem off the table unt...

Send us a question/idea/opinion direct via text message! Still pretty fresh from the incredible game, but disappointing result, from the Phoenix on the weekend, Nick gets it all off his chest early to then refocus ahead of a big week for the property market with the RBNZ Monetary Policy Committee meeting on Wednesday.  It comes as the range of economic data recently released is a bit mixed. Migrat...

Send us a question/idea/opinion direct via text message! This week we check back to see what first home buyers have been up to, including detailing our Q1 First Home Buyer Report and April's buyer classification data. Kelvin also details the stats of how long borrowers are fixing for, showing the short term is still favoured, though borrowers should definitely do some forward projections of w...

Send us a question/idea/opinion direct via text message! After the short reactionary pod for both the RBNZ Financial Stability Review (FSR), which was pretty stock-standard, and the Q1 labour market stats - which were a little more interesting, this week's pod is shorter than it otherwise would have been.  First topic of conversation is the latest CoreLogic House Price Index (HPI) data, which...

Send us a question/idea/opinion direct via text message! Hot off the press, Nick and (a travelling) Kelvin catch up to quickly give their take on the just-released Financial Stability Report (FSR) from the Reserve Bank and official Labour Market stats for Q1 2024 from Stats NZ. Sign up for news and insights or contact on LinkedIn , X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com...

Send us a question/idea/opinion direct via text message! One for the hopeful first home buyers In this guest special, Nick speaks to Geri Fraser and Heiko Jonkers from Westpac. Geri is the Product lead for Housing and Heiko the Social and Affordable Housing Guru! The main topics of interest discuss are the shared equity and leasehold options which are often misunderstood or simply not known about....

Send us a question/idea/opinion direct via text message! There’s always plenty to talk about in the property market, but this week’s discussion basically sets the scene for a big week of data and announcements which could potentially mean a meaty pod next Monday! The guys start by discussing the latest Buyer Classification data, which showed that first home buyers (FHBs) remained a key presence in...

Send us a question/idea/opinion direct via text message! Despite last week's well-received reactionary pod to the latest CPI inflation data, Nick and Kelvin can't help but dig a bit deeper into the data to get a steer on where things, in particular the OCR, are going.  Other topics this week include the CoreLogic monthly chart pack , which focussed on borrowers preference to fix their mo...

Send us a question/idea/opinion direct via text message! In this quick podcast Nick and Kelvin give their reaction to the just-released CPI inflation data. Sign up for news and insights or contact on LinkedIn , X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.com This podcast is for educational and entertainment purposes only and does not constitute financia...

Send us a question/idea/opinion direct via text message! After quickly passing over the latest OCR decision from the RBNZ and one more construction release to add to last week's construction heavy chat, Nick and Kelvin delve into the current and future rental market. There's rental price change to discuss, the reversal of some tenancy laws and the latest buyer classification data to assi...

Send us a question/idea/opinion direct via text message! The dominant theme this week is construction – from the Cordell Construction Cost Index showing subdued cost growth to start 2024, through to new dwelling consents in February (still falling), to Stats NZ’s experimental dataset looking at completion timeframes and the number of code compliance certificates issued (dwelling completions) – we...

Send us a question/idea/opinion direct via text message! Coming to you on Easter Monday, Nick and Kelvin catch up to discuss the week that was in the property market. Starting off with Kelvin's latest article, analysing the new build premium (using the CoreLogic Market Trends dataset). In macro-economic news, Kelvin rounds up the latest lending data from the RBNZ, including the flow of loans...

Send us a question/idea/opinion direct via text message! This week it's all about the economy (outside of a bit of Sail GP chat of course), after the release of the GDP data for Q4 last year confirmed we're officially back in a recession, the second time in a year for the classic double dip. What does it all mean though and what does the more timely NZAC tell us about how 2024 has starte...

Send us a question/idea/opinion direct via text message! The main release last week was the CoreLogic Mapping the Market data - a suburb-level view of median values and change over time. Kelvin offers up the insights from the update and some of the conversations that it sparked with the media. Then from the CoreLogic Buyer Classification series, Nick and Kelvin discuss the early signs of first hom...

Send us a question/idea/opinion direct via text message! On this guest episode Nick speaks with Joanie Rankin, Mobile Mortgage Manager at Westpac.  Joanie has been a Mobile Mortgage Manager (MMM) for 3 years but has been in the home lending industry for 6 years.  Joanie has been with Westpac for 9 years now in various customer facing/service roles and has an in-depth knowledge across several field...

Send us a question/idea/opinion direct via text message! Confirmation over the weekend of the reinstatement of interest deductibility for property investors is the key feature for today's podcast. It was a busy Sunday and Monday morning for Kelvin especially, as journos scramble to cover the Government release.  Details were as expected but the focus was on the potential implications? What co...

Send us a question/idea/opinion direct via text message! This week, to coincide with International Women's Day 2024, Nick speaks to an incredible, award winning leader within the banking and finance industry, Amanda Young.  Amanda is an accomplished leader with an impressive 30+ year background in distribution across Personal and Business Banking, and Insurance.  Amanda is known for her abili...

Send us a question/idea/opinion direct via text message! This week the RBNZ's Monetary Policy Statement and OCR call are in the spotlight. Though most of the market expected the OCR to stay flat, ANZ's surprising recent forecast of two more increases caused a bit of doubt among commentators, and in the end the RBNZ probably softened their stance more than most expected. No one is getting...

Send us a question/idea/opinion direct via text message! Clearly the hottest topic this week is whether or not the Reserve Bank will raise the official cash rate at 2pm Wednesday (28th February). The guys give their takes on this issue, and ultimately, even if the OCR isn’t increased this week, a further rise down the track remains a possibility. Inflation isn’t dead yet! Meanwhile, the discussion...