The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message! Today we sit down with the esteemed Steve McMenemy, director and mortgage advisor at Loan Market Auckland. As a veteran in the finance industry, Steve provides us with a deep-dive into the intricacies of the New Zealand property. We walk through the projected growth in the Massey area, and Steve unpacks the vulnerabilities and opportunities...

Send us a question/idea/opinion direct via text message! Following the release of the CoreLogic Housing Affordability Report , Nick and Kelvin discuss the state and future of housing affordability, tackling the house price to income ratio, and discussing why, despite improvements, buying a home remains an expensive endeavor. As we navigate this intricate terrain, we ponder whether the simultaneous...

Send us a question/idea/opinion direct via text message! Number one on today's agenda is the Reserve Bank's monetary policy statement and the implications of the unchanged official cash rate. We break down the jargon and sift through layers of GDP, labour market, house prices, and inflation projections, leaving no stone unturned. We also reveal the potential for a rate rise and the nitty...

Send us a question/idea/opinion direct via text message! Firstly, our apologies for the late upload of this week's episode, we had some technical difficulties with the file. But, onto the episode... This week, Nick and Kelvin kick-off the pod with a look at CoreLogic's latest Pain & Gain report , including a bit of detail that is often missed in the usual media coverage.  Switching g...

Send us a question/idea/opinion direct via text message! Ever wondered why both employment and unemployment rates can rise at the same time? Or how high wage growth impacts inflation and the Official Cash Rate (OCR)? Join us, along with our guest, Chief Economist Kelvin Davidson, as we decipher the latest labour market data. Prepare for an enlightening discussion on the OCR's future and the p...

Send us a question/idea/opinion direct via text message! Ever wondered how the easing of LVR rules has affected the investor landscape? We dig into this, discussing how this change has tipped the scales, encouraging investors to lean towards new builds. The conversation gets even more interesting as we scrutinise the loss of interest-deductibility and its sway on investor involvement. Delving furt...

Send us a question/idea/opinion direct via text message! Number one on the running order this week is the recently released 6% annual inflation rate. Engage with us as we dissect this figure, the important non-tradable inflation rate and its implications on the official cash rate. Intrigued by the official cash rate and how it impacts your spending habits? Then this podcast is a must-listen. Brace...

Send us a question/idea/opinion direct via text message! Ever wondered how the unchanging official cash rate might influence not only the economy but also your personal life? Kelvin Davidson and I, Nick Goodall, get to the heart of the matter in our latest episode of the New Zealand Property Market podcast. We kick things off with a lively discussion about the recent Reserve Bank OCR decision hold...

Send us a question/idea/opinion direct via text message! This weeks episode is brimming with insights, as we untangle complexities and delve into the data from CoreLogic's House Price Index . The property market is behaving in mysterious ways, with a downward trend across the nation, but certain regions like Auckland experiencing a sharper decline. Ever wondered how the dynamics of the proper...

Send us a question/idea/opinion direct via text message! Does the state of New Zealand's property market keep you up at night? Well, it's time to sleep easy as we join Chief Economist Kelvin Davidson for a riveting discussion about the country's real estate landscape and economic outlook. We navigate the nuances of the New Zealand Activity Index for May, a vital indicator for GDP, a...

Send us a question/idea/opinion direct via text message! This week we kick off by unravelling the latest data from CoreLogic's May 2021 chart pack. From the significance of the first annual increase in sales volumes to the importance of understanding the bigger picture behind the numbers, this episode is packed with valuable insights! We also delve into the drivers of the New Zealand property...

Send us a question/idea/opinion direct via text message! Could the New Zealand property market be finally starting to turn a corner? Gain valuable insights on the latest trends and patterns as we discuss CoreLogic's mapping the market release for June 2023 , and explore how 10% of suburbs saw an increase in value while the majority still experienced a decline. We also delve deep into the econ...

Send us a question/idea/opinion direct via text message! Are you feeling the pinch of seasonal illnesses and the excitement of recent sporting events? We certainly are! But that won't stop us from giving you all the latest updates on the New Zealand property market. This week, we delve into trends across the market, from first home buyers making up around 25% of sales to the all-time low of m...

Send us a question/idea/opinion direct via text message! This week Nick welcomes back Kelvin from holiday with a host of data, covering the latest CoreLogic House Price Index results , renewed business confidence and strong jobs data, as well as a review of the latest dwelling consents and building work in place figures. Plus, plenty of references to the state of the Australian market as home owni...

Send us a question/idea/opinion direct via text message! In this episode of the New Zealand Property Market Podcast, Nick is joined by Brad Olsen, CEO and Principal Economist at Infometrics. Nick and Brad delve deep on the Reserve Bank's latest monetary policy statement and official cash rate decision, including all the juicy forecasts within. Brad also shares his insights on the impact of mi...

Send us a question/idea/opinion direct via text message! Following Westpac's big call (at the time) and then the Government budget last week there's plenty to talk about as Nick and Kelvin essentially preview the RBNZ's next Monetary Policy Statement coming out this Wednesday at 2pm. The RBNZ also released Q1 data for debt-to-income tracking. Meanwhile both the CoreLogic monthly cha...

Send us a question/idea/opinion direct via text message! This week Nick and Kelvin use the latest CoreLogic First Home Buyer report and April's buyer classification data to focus on the key players in the market. For those first home buyers (or anyone really) who are credit approved there's no doubt this is a great market for them, with a shift down for the prices they're paying but...

Send us a question/idea/opinion direct via text message! The Reserve Bank's latest Financial Stability Report again promoted the NZ Economy's resilience and with very early signs of the property market approaching a trough and the labour market remaining tight it's hard to argue against. The detail on jobseeker numbers and the difference to unemployment figures is available here: ht...

Send us a question/idea/opinion direct via text message! In this episode of the New Zealand Property Market Podcast, Nick Goodall and Kelvin Davidson discuss the state of the New Zealand economy, including the NZ Activity Index, inflation, and job statistics. They also discuss recent changes to the loan-to-value ratio (LVR) rules and the upcoming financial stability report from the Reserve Bank of...

Send us a question/idea/opinion direct via text message! Inflation dropped in Q1, which is great news for everybody. The guys run through the latest data, the risk of any suprises in the coming quarters, and of course what it means for the official cash rate and mortgage rates. They then quickly cover off the latest rent figures, before a discussion of the signs that this housing market downturn m...

Send us a question/idea/opinion direct via text message! With Nick away in Northland on a family holiday, Kelvin leads the discussion today, joined by Alan Gilbert, who is CoreLogic’s Head of Banking and Finance Solutions. The discussion runs through construction costs, the active buyer groups in the market at present, as well as migration trends, and upcoming rental figures. The looming CPI relea...

Send us a question/idea/opinion direct via text message! After the RBNZ surprised everyone by lifting the OCR by 50 basis points, Nick and Kelvin dig into their statement and reasoning for the call. Given their consistency in messaging, are they actually quite a good 'referee'? Plus, this week a detailed look into the latest CoreLogic House Price Index for March. Sign up for news and ins...

Send us a question/idea/opinion direct via text message! Amongst the usual review of weekly data and preview of the RBNZ OCR call this week, Nick and Kelvin also take a look at the RBNZ's latest paper on flooding exposure of the banking system. A couple of key insights extracted by Kelvin are: Property prices could fall 80 – 100% in the most extreme cases in NZ in the event of a large coastal...

Send us a question/idea/opinion direct via text message! Nick Goodall and Kelvin Davidson have called it, saying it’s “fairly likely” we’ve entered a recession. Find out: How they came to this conclusion. What the Reserve Bank will likely say at next week’s OCR announcement.  Plus, the central bank has engineered a recession. When might they dial back their OCR hikes?  Tune into all that and more...

Send us a question/idea/opinion direct via text message! Cyclone Gabrielle and the Auckland flooding are likely to be a major drag on the country’s economy and may have plunged NZ into a recession earlier than expected.  But is there a silver lining from this devastating event for our country’s shrinking economy? In this week’s NZ Property Podcast, Kelvin Davidson and Nick Goodall make a case for...