Podcast Appearances
So I don't really know how to keep track of all of that.
But, no, it's good.
It's a good busy week ahead.
No, no, we'll crack into it.
Busy week ahead.
it was sort of a so-called good increase in the unemployment rate.
what did it tell us mate and uh you're not allowed to use the term more of the same uh okay yep no well uh fairly flat um yeah i mean a continuation of recent trends whatever you want to call it um yeah minus 0.1 on the month uh yeah just a relatively flat result as i say now regional variability of course and that's been something that's been in play for a while too but
I mean, we saw, we saw that minus one minus 0.1%, I should say at the national level, um, that's on the month, uh, down, I think it was 1% year on year.
So, so yeah, kind of treading water, whatever phrase you want to use without what you just said, um, Auckland down minus 0.3%.
So it's, you know, been, been underperforming, I guess the rest of the country, um, good for buyers, of course, you know, not, not so great if you're trying to be a seller.
And yeah, Christchurch was flat.
I mean, other markets like to need an up slightly.
So, you know, you've still got that regional variability going on.
And we've we've talked about that for a while, too, in terms of
You know, economic drivers, the fact that perhaps services sector is underperforming a little bit, that's kind of weighing on a market like Auckland, as well as the contrast with, say, farming sector going pretty well, that seems to be supporting maybe so-called provincial areas.
And one market I didn't mention there was Invercargill still going up at a,
Well, it's not booming, but at a slightly faster rate than elsewhere.
And you'd think that would fit with affordability, but as well as that farming sector going pretty well.