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With the RBNZ lifting the OCR, from 0.25% to 0.50%, as widely expected, Kelvin and Nick spend a bit of time reviewing exactly why it has happened, especially in the international context of no other central banks expecting to lift for at least a couple of years.
Then there's consideration for what it means for the NZ property market and the broader economy, with further discussion on 'what next?'
The other data/releases covered are buyer classification data for September, the latest on agent appraisal volumes and a quick take on the just-announced shared equity scheme by the Government, as covered by Jenée at interest.co.nz.
Register and tune in to the regional vulnerability webinar on Tuesday 12 October at 11:30am to hear Nick and Kelvin release the report, looking at which markets are more vulnerable to price drops.
Check out all our regular CoreLogic research insights at https://www.corelogic.co.nz/research-news and get in touch on LinkedIn, twitter @NickGoodall_CL or @KDavidson_CL or send us an email on nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz
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This podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.
