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Resilience

The NZ Property Market Podcast

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The Labor Market Figures Are Still Strong

The labor market figures are still strong. All our SQL that does create some thinking at the reserve bank. And maybe have we got on top of this issue yet? So yeah, labor market still still pretty solid. I mean, we kind of knew it was going to be that way. Supporting or supporting, maybe not necessarily the right word, but certainly preventing even bigger forward in the house prices. If we did see a feature of the last year had been a weak labor market, then the housing down term would have been bigger for sure. But we have to wait and see as always, I guess.

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