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 fueled by falling mortgage rates, stable prices, and a record number of listings.

Despite the high supply, a 'lack of suitable properties' remains the top concern for buyers. Looking ahead, 49% of respondents expect prices to rise, though the current abundance of stock may keep them stable for now.