S2.E39 - Housing affordability as worse as its ever been

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Housing affordability is probably the number one topic of interest for kiwi right now (yep, above even Covid-19!) and last week we released the bi-annual CoreLogic Housing Affordability report, relating to data at the end of Q2. 

Unfortunately the results paint a pretty grim picture for would-be home buyers, and with increasing interest rates things are also worsening for current home owners.

Nick and Kelvin discuss the current situation, latest data and also cover off the August buyer classification figures which illustrate some of the impact of the most recent/current lockdown.

Meanwhile agent appraisals volumes are recovering very well which is a good thing for a supply perspective.

The recent Real Estate webinar hosted and streamed by Trade Me Property which Nick mentioned is available for free on Youtube now. 

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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