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17 February 2023

The endgame starts - again

I recall mentioning last year there was a good chance that the housing market would bottom out around the end of 2022 then stage a small recovery over 2023 with prices maybe rising by 5%. But then the inflation numbers came in.

07 February 2023

Rodney's Ravings: Inflation will fall in 2023, but the battle's far from over

The good news? Many signs seem to indicate that inflation is starting to come under control. The not so good news? Wage pressure could send us into a wage price spiral that prolongs the battle.

20 January 2023

Housing market weakening once again

We all underestimated the extent to which prices would rise when the pandemic struck in early-2020. Now, almost everyone has underestimated the extent to which prices, and sales, are heading down now that the pandemic is over and the inflation resulting from excess stimulus needs to be brought under control.

08 December 2022

Reserve Bank causes shock throughout the nation

With the Reserve Bank's predictions of a recession, an unemployment rate of 5.7% and high inflation, businesses and consumers alike have had to sharply rein in their spending plans on everything but groceries, including housing. But will the fear pass with time, or simply worsen?

05 December 2022

Rodney's Ravings: The Reserve Bank is a major source of instability

Our unemployment rate tells us a lot about how the Reserve Bank is doing on its mission to keep inflation under control - and looking back at the numbers, it's not exactly a glowing picture.

23 November 2022

Triple hike brings OCR to its highest in over a decade

This one's going to hit homeowners hard. Here's what to expect from mortgage rates, and what to do if your mortgage is coming up for renewal.

08 November 2022

Market update: With a triple OCR hike looming, what's in store for mortgage rates?

We're fast headed towards the last OCR announcement of the year, and it's going to be a big one. In his latest market update, JB shares his expectations on where interest rates could get to, and a bit of an update on the housing market more broadly.

28 October 2022

Property investors backing away from the market

My monthly survey has shown a decrease in the net proportion of these investors thinking about buying another property from 10% down to only 2%.

12 September 2022

Market update: Has buyer confidence started its slow return?

The market's been undeniably slow in recent months, but between stabilising interest rates and greater choice, buyers are starting to dip their toes in once more.

10 August 2022

Rodney's Ravings: Economics works even if bank economists don't understand it

The experts have been predicting a “soft landing” for the New Zealand economy - but are we in fact well past the point of no return on the road to recession?

10 August 2022

Why it's not all doom & gloom for first home buyers who bought at 2021's market peak

Anyone who'd just got their foot on the property ladder when the market started to turn will be feeling rough after the last few months - but it's not all bad news.

31 May 2022

Investing and inflation: When being “conservative” doesn’t pay

After many years in a KiwiSaver Growth Fund, I switched to a Conservative Fund a couple of years ago. It felt like a smart move at the time, but man, hindsight’s a wonderful thing.