Tim Wilson
👤 SpeakerAppearances Over Time
Podcast Appearances
Auckland and Wellington still look kind of soft.
down 2.8%, 2.5% respectively.
Look, I would say, though, that that house price index, it's stabilised in recent months, so I don't think it's getting any worse.
Lots of regional variation in the numbers.
You know, those Auckland sales were down almost 15% outside of Auckland, down around 5%, so quite strong regional variation.
My inventory is still very high.
I think if you sort of take a step back and you say, well, interest rates, they're not going down,
Unemployment, well, it's higher than it has been.
You've got an election coming.
You've got weak consumer confidence.
I don't think we're going to see much in the way of house price growth this year.
I think we've got to wait.
We've got to wait.
It's not happening just yet.
I need some numbers.
The Dow Jones, check this out, over 50,000.
50,104, up 410 points, 0.82%.
The S&P 500 up 0.62%, 47 points, 7491.
And the NASDAQ up 239 points, 0.9%, 26,639.