Listen "S3.E25 - A whole lotta data"
Episode Synopsis
Send us a question/idea/opinion direct via text message!Plenty of data and other releases to cover this week, starting with RBNZ lending data for May. Most interestingly there was a lift in low deposit lending, but Kelvin also picks up on the reduction of interest-only lending as worthy of attention. Full article available too.The RBNZ's Chief Economist Paul Conway also delivered a speech last week, which Nick and Kelvin briefly discuss, however it has served as more of a reaffirmation of the broader state of the market than anything particularly new.A Covid-battling Kelvin then runs through all the economic data releases from the week - Filled jobs (look good), building consents (holding up, but we're weary of them) and business and consumer confidence (pretty bad). Nick then references the latest from Trade Me's release of their rental data showing the first signs of potential weakness in that market - not good news for landlords.You can sign up to receive any or all CoreLogic releases here.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 protected] or [email protected] up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email [email protected] or [email protected] podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.
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