Show Notes
Send us a question/idea/opinion direct via text message! The Reserve Bank of New Zealand (RBNZ) has defied near-universal economist expectations, voting to hold the Official Cash Rate (OCR) unchanged at 2.75% rather than hiking to 3.00%. In this special, fast-turnaround reactionary episode of the New Zealand Property Market Podcast, Head of Research Nick Goodall and Chief Economist Kelvin Davidson dissect the RBNZ's October monetary policy review minutes after its release. They break down the...
More from The NZ Property Market Podcast
Send us a question/idea/opinion direct via text message! New Zealand’s residential property market is valued at a massive $1.66 trillion across 1.74 million dwellings, holding $1.26 trillion in household equity. Yet, despite this immense wealth buffer, relocating owner-occupiers (movers) have retreated to levels not seen since the Global Financial Crisis. This week on the New Zealand Property Market Podcast, Head of Research Nick Goodall (fresh off a disrupted flight back from Christchurch) a...
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 tackle the persistent slowdown in property transactions as September sales volumes reveal a clear downward trend. With nine consecutive months of year-on-year declines, the buyers hold the pricing power, but high mortgage test rates and economic caution are keeping active participants on the sidelines. We also dive into the macroeconomic l...
Send us a question/idea/opinion direct via text message! Residential building costs have surged to their highest annual growth rate in three years, rising 4.8% over the last year. But with existing house prices flat to falling and listings at abundant levels, can the construction sector continue to absorb these mounting cost pressures? This week on the New Zealand Property Market Podcast, Head of Research Nick Goodall and a refreshed Chief Economist Kelvin Davidson (back from Hanmer Springs) ...
Send us a question/idea/opinion direct via text message! National property values dipped another 0.3% in September, extending the softer winter trend across Aotearoa New Zealand. But is the market collapsing, or simply grinding through a long-planned transition? This week on the New Zealand Property Market Podcast, Head of Research Nick Goodall (back from Rotorua) and Chief Economist Kelvin Davidson (dialling in from Hanmer Springs) dissect the September Home Value Index results. They analyse...
Send us a question/idea/opinion direct via text message! August residential sales plunged nearly 12% year-on-year, marking the eighth consecutive month of annual transaction drops across Aotearoa New Zealand. With sales drifting and listings climbing, the market remains locked in an extended holding pattern. This week on the New Zealand Property Market Podcast, Head of Research Nick Goodall and Chief Economist Kelvin Davidson unpack the findings from Cotality’s latest Housing Chart Pack. They...