Ep. 37 - Pre-listings indicator weak, demand strong, values hold
In Episode 37, Nick and Kelvin chat about the state of play as Auckland moves down to level 2.5. Appraisals generated by agents are down 62% prior to the latest lockdown, but valuations ordered for mortgages are up 9%.
Reserve Bank lending data for July was strong, as was Stats NZ filled jobs data but consumer confidence from the August reading did take a minor dip, although given the latest restrictions that wasn't surprising.
There are also some very exciting CoreLogic releases to chat about, including the first release of the CoreLogic HPI, last week's Pain & Gain Report for Q2 and the impending release of the CoreLogic Housing Affordability Report. Plus CoreLogic have a new website for all your property research needs - propertyvalue.co.nz
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 email@example.com or firstname.lastname@example.org