With the RBNZ lifting the OCR, from 0.25% to 0.50%, as widely expected, Kelvin and Nick spend a bit of time reviewing exactly why it has happened, especially in the international context of no other central banks expecting to lift for at least a couple of years.
Then there's consideration for what it means for the NZ property market and the broader economy, with further discussion on 'what next?'
The other data/releases covered are buyer classification data for September, the latest on agent appraisal volumes and a quick take on the just-announced shared equity scheme by the Government, as covered by Jenée at interest.co.nz.
Register and tune in to the regional vulnerability webinar on Tuesday 12 October at 11:30am to hear Nick and Kelvin release the report, looking at which markets are more vulnerable to price drops.
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 nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz
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