The NZ Property Market Podcast

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall speaks with Shayna King, a mortgage advisor at Loan Market South in Christchurch.  They discuss Shayna's career journey, the impact of recent monetary policy changes on mortgage rates, and the current state of the property market in Christchurch. Shayna shares insights on client demographics, the new build market, and the importance of ethical advice in the mortgage industry. The conversation highlights the challenges faced by mortgage advisors and the significance of legal connections in the home buying process.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin piggy-back off the release of the CoreLogic monthly chart pack, to dig into the latest listing data, including regional, property type and bedroom count differences as well as the dynamics of the supply and demand of the current rental market. They explore the high levels of property listings, particularly in Wellington, and discuss how these trends vary across different regions, including Christchurch and Queenstown. The conversation highlights the importance of understanding demographics and demand when considering property investments, as well as the impact of rental supply and tenant income levels on rental prices. They also discuss the impact of migration on housing demand, trends in interest rates and mortgages, and the implications of development contributions on housing supply in Auckland. They explore the challenges of affordability for renters, the slowdown in migration growth, and the potential for future housing shortages due to new regulations. The discussion emphasizes the need for infrastructure investment to support population growth and housing development.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!Coming to you shortly after the OCR announcement Nick and Kelvin discuss the Reserve Bank's recent Monetary Policy Statement, focusing on the significant changes in interest rate forecasts, the implications for economic growth and inflation, and the outlook for house prices. They analyze how the anticipated cuts in the official cash rate (OCR) will affect borrowing capacity and consumer spending, while also addressing the broader economic context and potential market dynamics.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss recent lending data, the Pain and Gain report for Q4, and expectations for the upcoming official cash rate announcement. They analyse trends in mortgage rates, consumer behaviour, and the overall economic outlook, emphasizing the impact of lower interest rates on disposable income and spending. The conversation highlights the resilience of the housing market and the importance of lending regulations in mitigating risks during downturns.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, CoreLogic Head of Research Nick Goodall speaks with Paul Foster from Ray White about the current state of the real estate market in Auckland. They discuss Paul's journey into real estate, insights into buyer behaviour, the dynamics of the vendor market, and strategies for investors. The conversation also touches on the role of technology in real estate, common mistakes made by buyers and sellers, and the challenges faced by agents in the industry. Paul shares valuable tips for navigating the market and emphasises the importance of understanding market cycles and buyer motivations.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest labour market figures (for Q4) and the implications of rising unemployment on the housing market. They also analyse the trends of first home buyers in 2024 as well as explore the potential dynamics of movers and mortgaged investors in 2025.Additionally they round up the latest news, including the potential relaxation of the foreign buyer ban, the recent capital value revaluations in Wellington and current mortgage rates (off the back of a 3-year rate dropping below 5%). Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!In today's episode Nick and Kelvin discuss the latest trends in the property market as indicated by the CoreLogic Home Value Index for January. They explore the flat market conditions, regional variabilities, and the impact of lower mortgage rates. The conversation shifts to economic indicators, particularly the New Zealand Activity Index (NZAC), suggesting a potential end to the recession. They also delve into public sentiment regarding housing affordability and the importance of location in the housing market.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall interviews Dallas Roberts, a  mortgage advisor at Loan Market Agile. They discuss the current state of the property market in New Zealand, focusing on trends in mortgage applications, the behaviour of first home buyers, and the impact of interest rates. Dallas shares insights on the increasing demand for family homes, the challenges faced by first home buyers, and the evolving construction market. The conversation also highlights the importance of customer experience in the mortgage advisory business and the strategies that contribute to Loan Market Agile's success.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!This week, Nick and Kelvin discuss the recent CPI inflation data (for 2024 Q4) and its implications for mortgage holders. Then, off the back of release of the latest CoreLogic monthly chart pack, they explore the recovery in the real estate market, highlighting a significant increase in transaction volumes compared to the previous year. The conversation also touches on the Prime Minister's State of the Nation speech, which, while lacking specific housing market details, emphasises economic recovery and the impact of falling interest rates.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

Send us a question/idea/opinion direct via text message!Today, Nick and Kelvin discuss the latest lending data from the Reserve Bank, highlighting a significant trend towards floating mortgage rates.They explore the implications of this trend, the state of building consents, and the potential recovery of the construction sector. The conversation also touches on upcoming inflation data and its impact on monetary policy.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com