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 migration and Government spending on inflation and the state of the New Zealand property market.Nick and Brad also discuss the potential impact of debt-to-income ratios on the housing market and the recent CoreLogic Pain & Gain report for Q1 resales. They remain cautiously optimistic about the market and encourage caution when taking short-term options such as mortgage holidays or interest-only terms. The episode ends with Brad sharing his upcoming travel plans and how they relate to the primary sector and the economy.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email [email protected] or [email protected]

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 chart pack for May and the first home buyer report for Q1 also went to market. Check out the latest monthly video on Youtube.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email [email protected] or [email protected]

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 a shift up (to houses) in the types of property they're buying. Meanwhile for other owner occupiers, they're either unable or unwilling to get out there in the current market, while mortgaged investors continue to do it tough. Rents are rising and inward migration is booming though, so perhaps there's more positivity on the horizon for them. Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email [email protected] or [email protected]

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:https://www.msd.govt.nz/documents/about-msd-and-our-work/publications-resources/statistics/covid-19/jswr-unemployment-report.pdfSign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email [email protected] or [email protected]

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 New Zealand. The speakers touch on the possibility of tax reform, including a land value tax, but do not expect any major changes before the upcoming election.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email [email protected] or [email protected]