Supply outpacing demand, in some areas
Description
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This week Nick and Kelvin discuss the recent trends in the property market, focusing on the balance between population growth and housing supply.
They analyse data from 2019 to 2024, highlighting how different regions have experienced varying levels of demand and supply. The conversation also touches on the complexities of housing demand, the impact of net migration, and the current state of retail spending as an economic indicator.
The hosts emphasize the importance of understanding the nuances behind housing data and the need for ongoing construction to meet future population growth.
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