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In what was a quieter data week for the housing market Nick and Kelvin again cover off coverage of the tax policies announced by the National Party, following Kelvin's article assessing the potential impact of the changes.
From a data perspective, Kelvin reviews the latest mortgage term origination data from the RBNZ - with borrowers slowly swinging back to shorter terms. A quick look at listings volumes shows the spring increase has begun but it's off a low base and with sales also picking up, overall stock levels remain relatively weak.
Lastly this week, a look ahead sees a number of releases which will be of interest, including the CoreLogic Buyer Classification series, net migration data, rental prices and the REINZ monthly report for August.
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