Ep. 41 - GDP fall, PREFU update and which buyers are active?
In Episode 41, Kelvin gives his take on the latest record breaking GDP data for Q2, the key question being is it really relevant anymore, given the more reactive NZ Activity Index (August data out this Friday).
The Pre-Election Economic and Fiscal Update (PREFU) was released last week so the guys discuss what it is and how it is relevant for the property market.
And the CoreLogic Buyer Classification stats for August show mortgaged investors and first home buyers remain a key presence in the current market, ahead of RBNZ mortgage lending figures coming out this week.
Then, looking ahead, Kelvin is keenly awaiting the latest RBNZ review of the OCR and QE programme, while the monthly video is now live. https://youtu.be/wO9ij273AMo
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