In a holding pattern

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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. 

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