The calm before the storm?

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There’s always plenty to talk about in the property market, but this week’s discussion basically sets the scene for a big week of data and announcements which could potentially mean a meaty pod next Monday!

The guys start by discussing the latest Buyer Classification data, which showed that first home buyers (FHBs) remained a key presence in March, and that also ties in to the latest mortgage lending figures from the Reserve Bank. Low deposit lending remains relatively restricted – certainly well under the maximum speed limits – but FHBs are still making good use of the system.

Attention then turns to the next few days …. CoreLogic House Price Index for April set to go public on Wednesday, just before the Financial Stability Report at 9am the same day, and the Q1 labour market figures at 10:45. Could the FSR finally detail the rules for debt to income ratio caps? On the labour market, the unemployment rate has probably risen further in Q1, but it might be about more labour supply, rather than mass job losses.

There's some great stuff in this week's episode, but also brace yourselves for a lot to talk about next week!

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