Kelvin Davidson

speaker
1,120 appearances 10 recordings 2 series first heard Jan 2026 last heard 10 Aug

Kelvin Davidson’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Mar OctJan 26AprJulnow

Recordings per month over the last 12 months — 10 in all, peaking in Mar 2026 with 3.

Appearances

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So, yeah, maybe just chat about your housing market a little bit.
Hey, I think that's sort of interacting with that different approach from the Reserve Bank.
Is there a bit of uncertainty coming through in housing now?
Are people thinking, yep, maybe this upturn will peter out?
What's the sort of general vibe?
Yeah, it's amazing the differences on all of those, I guess, really key indicators.
I mean, you talk about listings there.
I mean, some markets starting to look a little bit easier on that front.
But we've been in a market over the past two or three years where buyer choice has been really abundant.
So as opposed to, say, Australia, where that might be shifting a little bit now, but it's been much more in favour of sellers.
So you'd probably call it a buyer's market here.
Maybe it's been a seller's market there.
So
differences around that listing scenario and of course um you know the fact that our house prices have been so flat for so long means that our affordability that's the flip side of it is is actually looking a lot better than it has done for quite some time um you know our measures might might be slightly different in terms of levels i would guess given the figures that go into them but you know for example our latest affordability report said that your your standard mortgage payment on a reasonably new mortgage might be about 42 percent of gross household income
back at average.
So it was a lot higher than that two or three years ago.
But just the way the market's been going the past couple of years, falls in mortgage rates, increases in incomes, that mortgage payment number has actually gone back to its average.
Now, it's not cheap as such.
I'm not saying it's easy to get into the housing market and it hasn't gone below average, but it's now back to some kind of normality, if that's the way you want to define normalcy.
those things will look a little bit different i'm assuming that your affordability measures are still looking looking pretty stretched when you talked about the house price to income ratio there is mortgage payments would still be absorbing a pretty good chunk of of household incomes i assume yeah so i mean the december quarter figure for that was sitting essentially at 46 and you know you factor in again two rate rises that's just going to push that measure further but
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