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

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

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The NZ Property Market Podcast · A 'good' increase in unemployment? · 8 Feb 2026 podcast

So, you know, that's kind of tracking sideways.

Townhouses down 1.7% and apartments down 4.1%.

So, you know, there's regional variability.

There's also a bit of variability there by property type as well.

Now, apartments are only about 4% of our housing stock and a lot of that's, you know, pretty much in central Auckland and central Wellington.

So it is really...

sort of a niche segment, if you like, and isn't geographically spread.

But yeah, perhaps a wee bit more weakness there for apartments.

Not 100% sure why, but we can definitely speculate about possible reasons.

And, you know, I've heard anecdotally some concerns about, you know, build quality on some of these projects, you know, people worried about

buying an apartment and having some leaky home issues down the track.

Not that that's going to apply everywhere, but that does seem to be a concern for some people.

Body corporate fees going up, insurance fees going up, of course.

And maybe the lack of net migration at the moment that would students, that sort of thing, potentially

reduce the appetite to invest in apartments because you'll see investors tend to perhaps buy apartments a bit more often than owner-occupiers.

So maybe there's a few concerns there from the investment community about apartments.

So maybe just keeping a bit more of a lid on prices there.

So yeah, a bit of variability by region, a bit of variability by property type.

But when you add it all up,

relatively flat.

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