Housing in Australia and NZ: so much the same but also so different

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With Nick away on holiday across the ditch, in this episode Kelvin Davidson is joined by Eliza Owen, Cotality's Head of Research for Australia.

First Kelvin discusses the recent Cotality Home Value Index results for NZ, as well as a look ahead to this week's Financial Stability Report and key labour market figures for Q3 - both out on Wednesday.

Then Kelvin and Eliza kick into a wide-ranging discussion about the similarities and differences between the markets on both sides of the Tasman, including sales, prices, listings, buyer activity, as well as the regulatory environment.

Over the past few years, NZ's property values have remained weak, but Australia has climbed to new highs.

All of this is also in the context of recent proposed changes to LVRs and the potential capital gains tax in NZ after the next election.

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