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This week Nick and Kelvin quickly run through the latest CoreLogic House Price Index, which showed a modest fall at the national level, and patchy regional patterns - some areas up in August, some down. This patchiness may remain a feature in the coming months.
We then launch into a detailed discussion of how the housing market might look if National won the upcoming election - from a shorter Brightline period, to a softer foreign buyer ban, to interest deductibility, there's plenty to cover. Ultimately, house prices may receive a boost, but it might not be all that large - with mortgage rates still high.
Meanwhile, recent economic data, including filled jobs, the NZAC, and business/consumer confidence have all been encouraging.
And finally we finish with listener questions about DTIs - could National remove them from the Reserve Bank's toolkit? If imposed, would they actually do much?
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