Feature article

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

Our annual State of the Nation report

Gavin Lloyd
Last updated: 26 March 2025 | 4 min read
AI

AI summary

Buyer confidence in the New Zealand property market has reached a two-year high, according to a recent Trade Me Property survey. 61% of Kiwis now believe it's a good time to buy, a sentiment supported by falling mortgage rates, stable prices, and record-high property listings.

Despite the abundance of stock, a 'lack of suitable properties' remains a key concern for buyers. Looking ahead, 49% of respondents expect prices to increase over the next 12 months.

Lack of supply still a concern despite record listings

Majority believe property prices will rise

Author

Gavin Lloyd Gavin Lloyd
Customer Director - Trade Me Property