S3.E21 - HPI, new builds and confidence

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In what was a relatively quieter week for property market data, Nick and Kelvin spend a bit of time discussing the latest CoreLogic House Price Index (HPI) data and some of the resulting media coverage.

It also gave Kelvin an opportunity to check out the new experimental series from Stats NZ regarding Code of Compliance Certificates (CCC) being issued around the country. This, on top of the latest building consent figures and ANZ consumer confidence release leads the way to further consideration of the vulnerable development and construction industry - we think further tough times lay ahead.

In this week's oneroof article Kelvin floated the idea of the market following the shape of a bathtub - so that's a new one for your property market lexicon.

Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz 

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