Ep. 56 - CoreLogic HPI, affordability and early market indicators
After a short summer break Nick and Kelvin are back on deck to chat about the year ahead in the property market.
The December CoreLogic House Price Index first rounds out the year though, with growth the order of the day. 6.1% growth over the final quarter of the year brings sustainability and affordability to the fore so Nick takes a look at the data to reveal what's happening from an affordability perspective.
Kelvin provides a summary of economic data release both recent and upcoming, with the NZ Activity Index (lead indicator for GDP) of most interest this Friday.
Nick then considers where to next for the loan-to-value ratio (LVR) restrictions, given the CoreLogic Buyer Classification series is showing investor activity at similar levels to the last time the Reserve Bank moved to the 40% deposit requirement for investors (2016).
And finally, a quick look over the CoreLogic early market indicators to see how activity in the new year has begun.
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