The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest trends in construction costs, implications for the new build sector, and insights from new lending data. They analyse the current economic outlook and the potential impact of monetary policy decisions on the property market.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

Send us a question/idea/opinion direct via text message!In this episode Nick and Kelvin discuss the recent monetary policy review by the Reserve Bank, focusing on the decision to hold the Official Cash Rate (OCR) at 3.25%. They analyse the implications of this decision on inflation expectations, economic recovery, and the housing market. The conversation highlights the unanimous decision of the Reserve Bank, the anticipated cuts in the future, and the cautious optimism regarding New Zealand's economic recovery driven by strong export prices and lower mortgage rates. They also touch on the current state of the housing market and the potential impacts of economic uncertainty on consumer behaviour.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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest Home Value Index, revealing a slight 0.2% rise in property values after a period of stagnation. They explore the current trends in the housing market, including the balance between supply and demand, and the implications for buyers and sellers. The conversation shifts to dwelling consent data, highlighting a stabilisation in construction activity, and concludes with an economic overview, focusing on the upcoming OCR decision and its potential impact on the market.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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the concept of the trade-up premium in the housing market, exploring how it has changed over time and its implications for buyers. They delve into market dynamics, consumer confidence, and economic indicators, highlighting the challenges and opportunities present in the current environment. The conversation also touches on inflation expectations and business confidence, providing insights into the broader economic landscape and what it means for the future of the property market.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

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market Podcast, Nick Goodall speaks with mortgage advisor Toni Dawson about the current state of the property market in New Zealand. They discuss market trends, buyer behaviour, investment strategies, and the dynamics of different property types. The conversation also covers mortgage trends, refinancing options, and the importance of building long-term client relationships in the mortgage advisory space. Toni shares insights on how to navigate the current market and the significance of seeking professional advice.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

Send us a question/idea/opinion direct via text message!New file uploaded at 5:50pm on 23 Jun. Please delete and re-download for the better file if you downloaded the original.-------------------------------------------------------------------------------------------------This week Nick and Kelvin discuss the latest trends in the property market, focusing on interest rates, sales volumes, and the impact of economic data. They explore the dynamics of investor activity, the role of first home buyers, and the ongoing challenges of housing affordability and quality.The conversation also touches on global economic influences and the implications for New Zealand's housing market moving forward.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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest suburb data from the Mapping the Market tool, highlighting the performance of different property types. They delve into net migration trends and their implications for the housing market, emphasising the ongoing economic challenges. The conversation also covers the recent Auckland CVs, addressing public concerns about property valuations and their impact on rates.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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest Home Value Index results, highlighting a surprising consistency in market weakness across major centers.  They explore the dynamics of regional markets, particularly Hamilton, and the potential emergence of a two-speed economy as recovery unfolds. The conversation delves into global economic trends, productivity growth challenges, and the impact of recent building work statistics. They also touch on loan terms and Westpac's successful economic forecasting, concluding with personal reflections on the current state of the market.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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest insights from the First Home Buyer Report, highlighting trends in the market, the impact of mortgage lending data from the Reserve Bank, and the current economic uncertainty affecting first home buyers. They explore the challenges and opportunities in the housing market, including the rising average age of first home buyers and the importance of understanding debt-to-income ratios. The conversation emphasises the need for a balanced perspective on renting and buying, and the ongoing interest in first home buyers as a key demographic in the property market.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

Send us a question/idea/opinion direct via text message!In this special guest episode of the NZ Property Market Podcast, Kelvin Davidson and Satish Ranchhod discuss the inaugural co-branded Cotality Westpac NZ First Home Buyer Report.They explore the current economic landscape for first home buyers, key insights from the report, demographic trends, and the future outlook for the housing market.The conversation highlights the resilience of first home buyers in the market, the impact of interest rates on affordability, and the changing demographics of buyers.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

Send us a question/idea/opinion direct via text message!In this episode Nick and Kelvin discuss the recent monetary policy statement, focusing on the decision to lower the official cash rate (OCR) to 3.25%. They analyse the economic forecasts, including GDP and inflation expectations, and their implications for the housing market. The conversation also highlights upcoming economic indicators that will influence future monetary policy decisions. 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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss discuss the current state of the property market, including recent trends in sales volumes and property values (following the release of the Cotality Monthly Chart Pack). They analyse the upcoming OCR decision and its implications for the economy, as well as the recent government budget and its limited impact on the housing market. The conversation highlights the balance between monetary and fiscal policies and the overall economic landscape, emphasizing the importance of understanding inflation expectations and market dynamics.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

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market Podcast, Nick Goodall and Pete Eastwood discuss the unique property market in Wanaka. They explore the current trends, buyer demographics, and the implications of the foreign buyer ban. Pete shares insights on the ongoing development in the area, the challenges faced by buyers, and the opportunities available in the market. The conversation highlights the importance of understanding local dynamics and the need for professional advice in navigating the real estate landscape. In this conversation, Nick and Pete discuss the complexities of property purchasing, focusing on the importance of understanding the mortgage process, navigating interest rates, and the impact of lending regulations. They emphasize the need for professional advice, especially for first home buyers, and explore the role of KiwiSaver in home purchases. The discussion also highlights the increasing reliance on mortgage advisors and the core values that guide their practice, including communication and client education. Finally, they touch on the potential impact of AI in the mortgage advisory space.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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest quarterly Pain and Gain report, highlighting key statistics on property resales, profit margins, and market trends. They delve into regional variations in property performance, the dynamics between investors and owner-occupiers, and the impact of migration trends on the rental market. The conversation also touches on economic indicators, inflation concerns, and the upcoming government budget, providing insights into the current state of the New Zealand property market. 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

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest trends in the property market, focusing on first home buyer activity, labour market data, and the implications for the economy and the RBNZ's OCR decision at the end of the month. They also explore the importance of energy efficiency in housing (thanks to the NZGBC report) and the dynamics of the rental market, thanks to a listener question. The conversation highlights the challenges and opportunities facing buyers and investors in the current economic climate.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.co.nz or kelvin.davidson@cotality.co.nz

Send us a question/idea/opinion direct via text message!As first featured and published on the Home Run podcast with David and Harps, here's the full interview with Cotality Head of Research Nick Goodall. In the interview the team explores key factors influencing property prices, buyer behavior, and market dynamics. The discussion highlights the impact of interest rates on affordability, the segmentation of buyers, and the challenges faced by first-time buyers. It also touches on the resurgence of investor interest and the tools available for navigating the property market. Overall, the conversation provides insights into the evolving landscape of real estate and offers predictions for future trends. In this conversation, Nick and the hosts delve into the motivations behind home ownership, the current state of the real estate market, and the psychological factors influencing buyers. They discuss investment yields, migration trends, and the appeal of Australia for New Zealanders seeking better opportunities. The conversation also touches on the need for improved economic productivity in New Zealand and the potential for foreign investment policy changes.Finally, they explore long-term growth expectations in the property market, emphasising the importance of focusing on yield rather than speculative capital growth. Further, they delve into the complexities of global geopolitical tensions, the economic implications of these events, and the role of monetary policy in shaping financial landscapes. They discuss the impact of uncertainty on markets, particularly in relation to interest rates and mortgage strategies. The conversation also highlights the differences in property markets across countries, with a focus on New Zealand, Australia, and the US. CoreLogic's contribution to providing accurate data and insights is emphasised, along with personal reflections on life choices and the importance of community.For more info go to www.homerunpodcast.co.nz Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.co.nz or kelvin.davidson@cotality.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest trends in the property market, including the Home Value Index (HVI) and lending data from the Reserve Bank. They explore regional performance variations, the impact of recent weather events on property, and the cautious approach of borrowers in the current economic climate. Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.co.nz or kelvin.davidson@cotality.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market Podcast, Nick Goodall and Becs McCallum discuss the current lending environment, the impact of global events on the New Zealand property market, and the changing dynamics of borrowing capacity. Becs shares her personal journey from working in the family butchery to becoming a mortgage advisor, and they explore how recent changes in interest rates and lending policies are affecting first home buyers and investors. The conversation also touches on the importance of long-term planning in the current market climate. In this conversation, Becs McCallum discusses the current state of the mortgage market, focusing on interest rates, buyer behaviour, and the challenges faced by first home buyers. She highlights the importance of diversifying mortgage options and the shift towards fixed rates. The discussion also covers the dynamics of the new build market and the impact of processing delays in mortgage applications. Becs emphasizes the need for education and communication in navigating the mortgage landscape, particularly for new advisors and first-time buyers.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.co.nz or kelvin.davidson@cotality.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the current state of the property market, focusing on listings, sales activity, and regional variations, following the release of the monthly chart pack. They explore the impact of macroeconomic indicators on the market, including GDP growth, inflation expectations and business confidence.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market Podcast, Nick Goodall and Chief Economist Kelvin Davidson discuss their Easter weekend experiences before diving into the latest CPI inflation data, which showed a slight increase but remains within the Reserve Bank's target band. They explore the implications of this data on monetary policy and the economy, including the introduction of Kiwi GDP as a new economic indicator. The conversation also covers recent trends in mortgage interest rates and serviceability tests, highlighting the potential impact of debt-to-income ratios on borrowing. The episode concludes with a look ahead at the economic landscape and upcoming data releasesSign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest trends in the property market, focusing on first home buyers, investor activity, and lending trends. They analyse the impact of macroeconomic factors, including tariffs and the official cash rate (OCR), on the housing market. The conversation highlights the dynamics between different buyer groups and the overall outlook for property transactions in 2025.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this reactionary episode Nick and Kelvin discuss the recent announcement from the Reserve Bank regarding the official cash rate (OCR) cut and its implications for inflation and economic growth. They delve into the impact of tariffs on New Zealand's economy, the importance of medium-term inflation expectations, and the future of monetary policy. The conversation also touches on the property market outlook and the decisions facing mortgage borrowers in light of the changing economic landscape.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the implications of US tariffs on the economy, focusing on inflation and monetary policy. They explore the potential impacts on New Zealand's economic activity and the Reserve Bank's upcoming monetary policy review. The guys then cover off the CoreLogic Home Value Index for March, indicating a recovery in the market, and concludes with insights on construction data and the importance of increasing housing supply to meet population growth.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest trends in the property market, including improvements in CoreLogic value tracking (splitting suburb measures by property type), the impact of affordability on property values, and insights from the (relatively) new Hedonic Home Value Index (HVI). This includes a refreshed and upgraded version of mapping the market as well as a weekly back series for the HVI.They also explore lending trends, particularly focusing on debt-to-income ratios and interest-only lending, as well as recent government reforms aimed at increasing housing supply via big changes to the Resource Management Act (RMA).Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall interviews Sanjeev Jangra, a mortgage advisor from Loan Market, discussing the current state of the property market. They explore trends in home values, the impact of interest rates on affordability, and the resurgence of first home buyers. Sanjeev shares insights on investor behaviour, emphasising a shift towards cash flow rather than capital gains. The conversation also touches on navigating debt to income ratios and the outlook for the new build market. In this conversation, Nick and Sanjeev discuss the current state of the property market, focusing on strategic land acquisition, mortgage fixing strategies, and the challenges faced by mortgage advisors.They explore the opportunities available in property development, the importance of education in the market, and the impact of interest rates on mortgage decisions. Sanjeev shares insights on leveraging technology in mortgage advisory and offers valuable tips for new advisors to succeed in the industry.Sanjeev can be contacted on 021 23 66 777Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!A very special announcement...Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the recent Q4 GDP data, which showed a positive growth of 0.7%, putting an end (yet again!) to the recession. They explore the implications of this growth on monetary policy, particularly regarding the OCR and inflation risks. The conversation shifts to sales volumes in the property market, off the back of the latest CoreLogic Housing Chart Pack, noting a slight decline in February but an overall upward trend. They also analyse lending trends, highlighting a tentative shift towards longer-term mortgage rates. Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest findings from the CoreLogic affordability report for Q4 2024. They explore the improvements in housing affordability, regional variations, and the implications for future house price growth. The conversation also touches on economic indicators and further tentative signs of improvement, then moving to government policies, and the importance of infrastructure investment in driving economic recovery.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall and Chief Economist Kelvin Davidson discuss the recent signs of a market turnaround in New Zealand's property sector, highlighted by the latest home value index. They explore regional variances in property values, the current state of the construction industry, and the implications of the Reserve Bank Governor's resignation on monetary policy. The conversation emphasizes the importance of looking ahead to economic expectations and the potential for future growth in the property market.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week, Nick and Kelvin discuss the latest Women and Property Report, highlighting the persistent investment property gap between genders. They then explore economic indicators, labour market trends, consumer confidence, and inflation insights, while also predicting potential changes in house prices (using the weekly home value index data as a guide). The conversation wraps up with a discussion on government infrastructure funding changes, announced last week.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall interviews Nicole Pervan, GM of Home Lending at Kiwibank, in celebration of International Women's Day 2025. They discuss Nicole's personal and professional journey, the challenges women face in the workplace, and the importance of financial literacy and home ownership. Nicole shares insights on leadership development at Kiwibank, the attributes of effective leaders, and offers advice for young leaders. The conversation emphasises the significance of International Women's Day and the need for deliberate action to support gender equality in the workplace.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall speaks with Shayna King, a mortgage advisor at Loan Market South in Christchurch.  They discuss Shayna's career journey, the impact of recent monetary policy changes on mortgage rates, and the current state of the property market in Christchurch. Shayna shares insights on client demographics, the new build market, and the importance of ethical advice in the mortgage industry. The conversation highlights the challenges faced by mortgage advisors and the significance of legal connections in the home buying process.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin piggy-back off the release of the CoreLogic monthly chart pack, to dig into the latest listing data, including regional, property type and bedroom count differences as well as the dynamics of the supply and demand of the current rental market. They explore the high levels of property listings, particularly in Wellington, and discuss how these trends vary across different regions, including Christchurch and Queenstown. The conversation highlights the importance of understanding demographics and demand when considering property investments, as well as the impact of rental supply and tenant income levels on rental prices. They also discuss the impact of migration on housing demand, trends in interest rates and mortgages, and the implications of development contributions on housing supply in Auckland. They explore the challenges of affordability for renters, the slowdown in migration growth, and the potential for future housing shortages due to new regulations. The discussion emphasizes the need for infrastructure investment to support population growth and housing development.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!Coming to you shortly after the OCR announcement Nick and Kelvin discuss the Reserve Bank's recent Monetary Policy Statement, focusing on the significant changes in interest rate forecasts, the implications for economic growth and inflation, and the outlook for house prices. They analyze how the anticipated cuts in the official cash rate (OCR) will affect borrowing capacity and consumer spending, while also addressing the broader economic context and potential market dynamics.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss recent lending data, the Pain and Gain report for Q4, and expectations for the upcoming official cash rate announcement. They analyse trends in mortgage rates, consumer behaviour, and the overall economic outlook, emphasizing the impact of lower interest rates on disposable income and spending. The conversation highlights the resilience of the housing market and the importance of lending regulations in mitigating risks during downturns.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, CoreLogic Head of Research Nick Goodall speaks with Paul Foster from Ray White about the current state of the real estate market in Auckland. They discuss Paul's journey into real estate, insights into buyer behaviour, the dynamics of the vendor market, and strategies for investors. The conversation also touches on the role of technology in real estate, common mistakes made by buyers and sellers, and the challenges faced by agents in the industry. Paul shares valuable tips for navigating the market and emphasises the importance of understanding market cycles and buyer motivations.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest labour market figures (for Q4) and the implications of rising unemployment on the housing market. They also analyse the trends of first home buyers in 2024 as well as explore the potential dynamics of movers and mortgaged investors in 2025.Additionally they round up the latest news, including the potential relaxation of the foreign buyer ban, the recent capital value revaluations in Wellington and current mortgage rates (off the back of a 3-year rate dropping below 5%). Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In today's episode Nick and Kelvin discuss the latest trends in the property market as indicated by the CoreLogic Home Value Index for January. They explore the flat market conditions, regional variabilities, and the impact of lower mortgage rates. The conversation shifts to economic indicators, particularly the New Zealand Activity Index (NZAC), suggesting a potential end to the recession. They also delve into public sentiment regarding housing affordability and the importance of location in the housing market.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall interviews Dallas Roberts, a  mortgage advisor at Loan Market Agile. They discuss the current state of the property market in New Zealand, focusing on trends in mortgage applications, the behaviour of first home buyers, and the impact of interest rates. Dallas shares insights on the increasing demand for family homes, the challenges faced by first home buyers, and the evolving construction market. The conversation also highlights the importance of customer experience in the mortgage advisory business and the strategies that contribute to Loan Market Agile's success.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week, Nick and Kelvin discuss the recent CPI inflation data (for 2024 Q4) and its implications for mortgage holders. Then, off the back of release of the latest CoreLogic monthly chart pack, they explore the recovery in the real estate market, highlighting a significant increase in transaction volumes compared to the previous year. The conversation also touches on the Prime Minister's State of the Nation speech, which, while lacking specific housing market details, emphasises economic recovery and the impact of falling interest rates.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!Today, Nick and Kelvin discuss the latest lending data from the Reserve Bank, highlighting a significant trend towards floating mortgage rates.They explore the implications of this trend, the state of building consents, and the potential recovery of the construction sector. The conversation also touches on upcoming inflation data and its impact on monetary policy.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!Happy New Year! In the first podcast of the year, Nick and Kelvin discuss the latest trends in the property market, including the CoreLogic Home Value Index, construction costs (CCCI report), and Reserve Bank mortgage lending data. They explore the contrasting performance of Auckland and Hamilton, the current state of the construction sector, and the dynamics of the rental market. The conversation also touches on personal reflections from their summer breaks and the new podcast format for the year ahead.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!Merry Christmas!Welcome to 2024 Property Wrapped, where Nick Goodall from CoreLogic discusses the 2024 property market with industry leaders Diego Traglia and Steve McMenamy. They reflect on the year's market dynamics, including the rise of first home buyers, the return of investors, and the impact of interest rates. The discussion also covers predictions for 2025, the influence of consumer psychology on market behaviour, and the overall sentiment towards property transactions. The experts emphasise the importance of knowledge and education in navigating the evolving market landscape.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode, Nick and Kelvin discuss the recent GDP figures, their implications for the economy and property market, and the expected trends for 2025, including covering the final monthly chart pack of the year.  They analyse the government's financial update, the impact of interest rates on the housing market, and the current state of inflation and rental prices. The conversation highlights the conflicting forces at play in the market and offers insights into future trends for investors and homeowners alike.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode, Nick and Kelvin review the New Zealand property market's performance in 2024 and discuss expectations for 2025. They analyse key statistics from the 'Best of the Best' report, highlighting trends in property sales, rental yields, and the impact of interest rates. The conversation also covers the changing dynamics of first home buyers and investors in the market, as well as broader economic indicators such as migration data and retail spending. In this conversation, Kelvin and Nick discuss the current economic indicators and their implications for the real estate market, particularly focusing on Auckland's housing performance and the outlook for new builds in regional markets (thanks to some listener questions).They analyse GDP trends, the impact of interest rates, and the performance of new townhouses compared to older properties. The discussion also touches on the broader economic recovery and the factors influencing regional markets.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the current state of the property market, highlighting a continued decline in home values (according to the CoreLogic Home Value Index) and a holding pattern in the market. They explore insights from the construction industry, noting a potential bottoming out of dwelling consents and the impact of lower interest rates. The conversation shifts to loan terms, revealing a trend towards shorter fixed rates and floating loans.Looking ahead, they emphasize the importance of upcoming data releases, particularly net migration figures, and keep an eye out for the best of the best report, live on Thursday. Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode Nick and Kelvin discuss the recent OCR decision, its implications for mortgage rates, and the current state of the lending market. They analyze the latest lending data, highlighting increased activity among investors and first-home buyers. The conversation shifts to the broader economic landscape, examining consumer confidence and retail sales trends. They also delve into the impact of debt-to-income restrictions on the housing market and consider future economic recovery strategies, emphasizing the need for both monetary and fiscal support.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode, Nick Goodall and Chief Economist Kelvin Davidson discuss the Reserve Bank's recent decision to cut the official cash rate by 0.5%, bringing it down to 4.25%. They analyse the implications of this decision on economic forecasts, including unemployment rates and house price growth. The conversation highlights the expected trajectory of the OCR, the impact of lower mortgage rates on the housing market, and the broader economic context, including global factors influencing inflation and growth.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall and Chief Economist Kelvin Davidson discuss the current state of the property market, focusing on the anticipated OCR cut, buyer classification, and economic indicators. They explore the dynamics between first-home buyers and mortgaged investors, the challenges faced by movers, and the broader economic context influencing the Reserve Bank's decisions. The conversation highlights the slow recovery expected for the economy and property market, emphasising the need for fiscal support alongside monetary policy adjustments.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall interviews Mike Bloy, a mortgage advisor from Loan Market. They discuss Mike's journey into mortgage advising, the daily responsibilities of a broker, the importance of building relationships with lenders, and the challenges faced in the current market. Mike shares insights on navigating the second tier and non-bank lenders, as well as strategies for overcoming obstacles in providing excellent service to clients. In this conversation, Mike and Nick discuss the intricacies of navigating the real estate market, focusing on strategies for home buyers, the importance of building trust and setting expectations, and insights into current market dynamics and interest rates. They explore the changing behaviours of borrowers, particularly first-time buyers, and the emotional aspects of property purchasing. The discussion culminates in predictions for the future of the market and the role of brokers in guiding clients through the process.Contact Mike https://adviser.loanmarket.co.nz/mike-bloy Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market Podcast, Nick Goodall and chief economist Kelvin Davidson discuss the latest trends in the property market, including insights from the Pain and Gain report, current sales volumes, and the impact of economic indicators on consumer spending and the rental market. They also explore the cautious borrowing behavior of consumers in light of recent interest rate changes and provide forecasts for the upcoming economic landscape.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz