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Following the latest update to the CoreLogic Mapping the Market tool, visualising values and value change by suburb, Nick and Kelvin discuss some of the results as well as the awesome level of info freely available to anyone who's interested. The results illustrate the recent weakness of the property market, but also the importance of keeping a long term view as the better-looking 12 month view shows.
Then from an economic perspective there's plenty to sink your teeth into (or should it be to swallow your ears?) with both net migration and rental prices continuing to slow.
The rental price data was also part of the broader price indices tracking from Stats NZ and on that note things continue to look good that inflation will be back below the 3% annual rate by the end of the quarter.
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This podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.
