Buyer confidence in property market at two-year high, survey says

A recent Trade Me Property survey reveals buyer confidence is at a two-year high, with 61% of Kiwis believing now is a good time to buy. This optimism is driven by falling mortgage rates, stable prices, and a record-high supply of properties for sale.

Despite the abundance of listings, a "lack of suitable properties" remains the top concern for buyers. Nearly half (49%) of those surveyed expect property prices to increase over the next 12 months.