Tim Wilson
👤 SpeakerAppearances Over Time
Podcast Appearances
So I think that looks pretty good.
Still dominated by tourists from Aussie and the US, though.
I don't care where they come from as long as they spend.
Those sales are down.
I mean, 7.9 is significant.
That's material, isn't it?
Yeah, look, we've got to try and find a positive take on some of these numbers at the moment.
What I would say here, Mike, it's still a great market for first-home buyers.
Yeah, look, it looks quiet.
Subdued is a good descriptor.
Sales year-on-year down 7.9%.
Look, there is month-on-month volatility there, but longer-term sales are down.
House price index price is down 0.9% year-on-year.
They're 16% below the peak.
Of course, your factor in inflation, that's a bigger number.
The hot spot though, Mike, Southland taking the lead.
Prices up 8% a year, and you've got to be in Southland at the moment.
It's leaving Canterbury behind.
It's only up 3%.