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Still pretty fresh from the incredible game, but disappointing result, from the Phoenix on the weekend, Nick gets it all off his chest early to then refocus ahead of a big week for the property market with the RBNZ Monetary Policy Committee meeting on Wednesday. 

It comes as the range of economic data recently released is a bit mixed. Migration is slowing, but still high, rental growth is also slowing but the economy is showing further signs of resilience. 

From a property market perspective - most recent data has been decidedly weak - particularly the HPI from REINZ, causing a rethink to Nick's 2024 expectation and consideration of just how underwhelming 2024 could actually be.

The full Pain & Gain report for Q1 is available on the CoreLogic website and the monthly chart pack will be up soon, as will the monthly video on the Youtube channel.

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