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Kelvin Davidson

Kelvin Davidson

๐Ÿ‘ค Speaker
938 total appearances

Appearances Over Time

Podcast Appearances

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Yeah, it's definitely one to watch.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

And I guess all economic and property market indicators at the moment are prone to a bit of variability.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

And we're operating in this environment, I guess, at the moment where

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Lots of data series are available up to January, up to February.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

But we all know that March onwards is going to look pretty different.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

And we don't really get a lot of those March indicators for another couple of weeks, really, in terms of those flagship data sets.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

We've got real-time indicators, wholesale interest rates and share market changes and that sort of thing.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Obviously, we all prices every week.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

every sort of one minute we're getting updates on that but um but yeah those those sort of monthly rolling series of economic and property market indicators we're still just waiting for a little bit so um yeah that's going to be interesting to watch this i guess that's going to be the big issue in the data for over the next four to six weeks just seeing how that's starting to roll through um so but yeah

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

In general, in terms of property market activity, it's been a sluggish start to the year, but within that environment, first-time buyers still doing really well.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So probably the main message.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I think that's it.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I think that's it, yeah.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Gee, I can hardly remember yesterday, let alone last week.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I think the media response was okay.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I mean, you know, any sort of media reaction at the moment's

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

to depend on what else is going on at the time with with oil prices and things but um yeah yeah it always goes down pretty well people like a like a good set of charts so um it's one of our one of our more popular ones yeah absolutely yeah cool well then let's look at the uh economic data particularly the q4 gdp result which was out last week and yep noting it's a pretty big lag since q4 finished

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

yeah yeah so well i mean 0.2 pretty i mean undershot the range of expectations in advance was quite wide so um but generally it undershot some expectations i think the rbnz for example had 0.5 percent uh so

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

you know, generally on the lower side.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

There are some quirks with the numbers.