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We're back for 2024 and it's straight into a look back at data releases so far this year.
Firstly the Cordell Construction Cost Index (CCCI) for Q4 2023 showed cost inflation is moderating (not declining) and with building consent data for November to also discuss there's a bit of time given to preview the health and prospects for the construction industry.
Jobs growth data from Stats NZ is also reviewed - still a key underpinning factor for the housing market, while the latest RBNZ release looks at the terms borrowers chose in November.
Additionally December's Buyer Classification data shows first home buyers didn't take a break prior to Christmas picking up a close-to-record 27% of sales over the month.
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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.
