The downturn is officially over

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Plenty of data and information to chew through this week, with the CoreLogic House Price Index kicking things off, and it's official - the downturn is over! A few caveats exist of course, but at a nationwide level the lads are calling it.

The latest Financial Stability Report was in some ways stock standard, but interesting at the same time. Nick and Kelvin explain why, especially when it comes to the potential introduction of debt-to-income restrictions.

From an economic perspective we also received the Labour Market statistics for Q3, including an update to the all-important unemployment rate. Additionally the NZAC data for Q3 is now complete, giving Kelvin the chance to outlay his expectations for the official GDP figures which are still some 6 weeks away. Throw in business confidence data and dwelling consent figures for September and it's an data degustation!

Plus of course, as mentioned at the end of the episode we have 20 tickets (each worth $50) to NZ Property Market podcast listeners to join Nick at the upcoming NZ Property Roundtable: Will we see a post-election property market rally? Tuesday, 14th November, at the Parnell Jubilee Hall, Auckland, hosted by the Auckland Property Investors Association. 

Go here and enter the code NICKANDKEL to get your free ticket. First 20 are free!

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