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Nick Goodall

๐Ÿ‘ค Speaker
2025 total appearances
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Appearances Over Time

Podcast Appearances

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

you know conversation encourager i would call it to ensure that we are having this more often and then um you know as i said at the start for anyone that can have an influence on these areas uh actually starts to do something with it whether it is banks or companies or government or policy whatever it's going to be i'm just bringing that to the forefront too so you know while the podcast was out last week and the report was also out and i'll leave a link to that

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

I'm sure this conversation will just be starting to ramp up as we get closer to International Women's Day on Sunday anyway.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

So yeah, we'll leave that one there anyway, Calvin, but great job taking that one to media and the market again.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

Yeah, good, good conversations going on.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

So not too much else on my mind for the property market stuff this week and what's going on

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

I suppose the one thing we should touch on briefly is that the home value index for February will be out this week, given we've just moved past the end of February.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

I know you have always looked at the weekly index for the main centres or a couple of the biggest main centres on our website to see how things might track before we get the actual data coming through sort of in the next day or so.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

What's that sort of telling us, mate?

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

What's your expectation of what the read's going to be for the index for February when you get that shortly?

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

As you say, it sort of backs up maybe some of that momentum from the lending being done too.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

You think about the lending that was being done.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

Within that, if there's a bit more competition for properties, then it would stand to reason that maybe those vendors can irk out a little bit of extra price on it if there's two people that are quite keen on their property.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

And that's what might start to see this market grow sooner rather than later.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

Although, you know, I still want to acknowledge the fact that, yeah, many of the economists have pushed back their expectations and Reserve Bank we spoke about recently, you know, still see values declining for the next few months before seeing some comeback in the second half.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

I wonder if it's a bit pessimistic and maybe it just does depend on, you know, not quite the animal spirits taking over, but a little bit of competition that just sees a little bit of upward price pressure on those properties that are listed for sale.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

And if that balance starts to redress, then, yeah, we could actually see a little bit more growth come through, I think, in the first half of this year, but still it'll be pretty

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

Pretty mild, let's just say that anyway.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

So yeah, as you say, pretty intriguing.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

And that data will be out publicly available on Thursday.

The NZ Property Market Podcast
The January lending reset & the record-breaking FHB

So keep a lookout for that one.