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House price growth on the downward slide

Thursday 28th of October 2021

“That is still strong growth,” says CoreLogic chief property economist Kelvin Davidson.

“Even so, the slowdown is genuine, and has further to run. Some parts of the country have actually seen average values go backwards in the past couple of months.”

Davidson says CoreLogic’s Property Market and Economic Update for the third quarter shows the market has definitely peaked, with sales activity and price growth set to ease further over the coming months.

“The lockdowns over August and September have muddied the waters, and when Auckland frees up a bit more the national figures for sales and prices could see a mini-bounce, however it should be short lived.

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Doesn't this result call into question the criticism from certain quarters that Mortgage Advisers are driven predominantly by commission considerations?
6 hours ago The Laird
FMA wants clearer fees
@first time caller - I can see the complexity you highlight, but as above, investors should be able to see what they are paying without having to reference multiple documents. Investment admin can track and report deductions for tax, withdrawals, fees et al, would be /should be straightforward to aggregate advice fees into costs at member level... at least I hope so.
1 day ago Goldcard
FMA wants clearer fees
@goldcard - how would you propose that a fund manager calculates the TER to include adviser fees given not all clients pay them and different advisers charge different fees, not to mention some advisors charge different fees to different clients? The advice fee gets disclosed in the adviser's disclosure statement and the statement of advice, so the client can add that to the published TER of the fund they are invested in to see how much they are paying overall.
2 days ago First time caller
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6 days ago Market Commentator