S3.E2 - Rents, REINZ and the shift to Red

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The shift to red in the Covid traffic light system brings with it a quick chat about the potential impact to the property market before a look back at the latest data.

Stats NZ's rental index is the first release of interest before a detailed look into the latest REINZ house price index which provided even more evidence of market weakness creeping in.

Nick and Kelvin then consider what to look for in regards to the border opening and the flow on to inbound and outward migration.

Then, a look ahead includes keeping an eye out for the latest CPI (inflation data) and the probable flow through to an OCR increase, consumer confidence, the NZ Activity Index (NZAC) and filled jobs data for December. 

This week's '5 things you need to know' is also available on oneroof.co.nz and the Q4 Property Market and Economic report will be free to download from Wednesday morning.

 Note, for the next two weeks the podcast will be out on Tuesdays (navigating holidays and leave) before returning to the usual Monday afternoon release date from Feb 14.

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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