Nick Goodall @NickGoodall_CL
Head of Research @CoreLogicNZ and co-host of the NZ Property Market Podcast. https://t.co/RBOPstYHeR Wellington City, New Zealand Joined June 2016-
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Nick Goodall retweeted
New Zealand has had a cold winter for property values, which are down 0.2% for the month and 0.1% for the year. This warms the cockles of my heart. Over in Australia, however, the onset of spring has caused a thousand property values to bloom, with prices up 0.7% for the month.
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Nick Goodall retweeted
We're debating why Labour lost the election again? Because they had nothing to offer, sure. Also true that no NZ Govt in modern times has survived an election preceded by negative / stagnant house price growth. Swing voters have houses. Our economy is basically a housing ponzi.
Nick Goodall retweeted
Today the Monetary Policy Committee voted to lower the Official Cash Rate (OCR) by 25 basis points to 3%. Inflation is currently around the top of our 1-3% target band, but is expected to return to around 2% by mid-2026. If medium-term inflation pressures continue to ease as…
Nick Goodall retweeted
I'm normally not a big fan, but this is an absolutely brilliant answer by Larry Summers to the oft-repeated argument that China is somehow "cheating" in trade. In fact it's probably the best answer I've ever heard on this. It goes back to the point I was making…
Nick Goodall retweeted
The Monetary Policy Committee has today agreed to cut the Official Cash Rate (OCR) by 25 basis points to 3.5%. As the extent and effect of tariff policies become clearer, the Committee has scope to lower the OCR further as appropriate. Future policy decisions will be determined…
Nick Goodall retweeted
Once again, @doctorow shows that he knows more about how the real world works than most folks who call themselves 'economists'. pluralistic.net/2025/04/07/it-…
I think the economic recovery is very dependent on lower interest rates which is why there's so much interest in the next Monetary Policy Statement.
Nick Goodall retweeted
The best value for money subscription in Aotearoa folks. Well researched, often funny as well as shining a light on things that need it Plus a truly awesome user community - the worms are good people.
Nick Goodall retweeted
"Abundant supply" of housing acting as "a significant restraint on property values" according to CoreLogic's Kelvin Davidson, quoted in @businessdesk_nz, their index shows prices declining 9 of the last 10 months businessdesk.co.nz/article/econom…
Nick Goodall retweeted
One final update on this - Stats NZ has now revised the workplace-based data to correct the geocoding issue. As expected, Wellington has still lost jobs, but not 1-in-10! The revised decline (workplace-based) is -2,370 (compared to -19,340 originally)
One final update on this - Stats NZ has now revised the workplace-based data to correct the geocoding issue. As expected, Wellington has still lost jobs, but not 1-in-10! The revised decline (workplace-based) is -2,370 (compared to -19,340 originally) https://t.co/DNJUjmbENA
Nick Goodall retweeted
An update on this, from Stats NZ
An update on this, from Stats NZ https://t.co/kfD6f6mBpT
Nick Goodall retweeted
according to CoreLogic, the change in average property values in the last year: -3.5% in New Zealand (first graph) +5.5% in Australia (second graph). The cost of the average dwelling is now 10% lower in New Zealand than Australia. corelogic.co.nz/news-research/…
Nick Goodall retweeted
When I think about "value" to readers, the most important thing The Spinoff can do is offer something different to everything else in the New Zealand media market. When we can approach a story with a different angle, more depth or more personality, that's when we strike gold.
Nick Goodall retweeted
An important announcement about the future of The Spinoff from our CEO, our editor and our founder. thespinoff.co.nz/open-letter-20…
Wow, I truly didn't think they'd do it, and owe a few beers to the members of Urban Task Force Tauranga! Now to go dig into the forecasts...
Wow, I truly didn't think they'd do it, and owe a few beers to the members of Urban Task Force Tauranga! Now to go dig into the forecasts...
Property hunters up North, my Mum's house at One Tree Point is for sale... trademe.co.nz/property/resid… via @TradeMeProperty
Nick Goodall retweeted
Here are the Puskas Goal of the season Contenders in no particular order 1. Garnacho Manchester United
As we were expecting, DTI framework finalised as proposed. Applicable from 1 July.
As we were expecting, DTI framework finalised as proposed. Applicable from 1 July. https://t.co/h1CLVwpl4H
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