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It was a quieter week of data releases last week with just the CoreLogic Buyer Classification data for August and Kelvin's article on the cost to trade up to discuss. 

Stats NZ's release of migration data just prior to recording is also mentioned, however otherwise it's a look ahead to a busier week of data coming out, including REINZ HPI and sales volumes, the Stats NZ rental index and more importantly the official release of the Q2 GDP figures and the more timely NZAC for August. 

The big question of course being did we dip into a technical recession or not, though as Kelvin regularly points out, does it matter, if it felt like a recession anyway?

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