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Buyer confidence in property market at two-year high, survey says
Our annual State of the Nation report
AI summary
Buyer confidence in the New Zealand property market is at a two-year high, with a recent Trade Me Property survey showing 61% of Kiwis believe it's a good time to buy. This optimism is driven by falling mortgage rates, stable prices, and record-high supply.
Despite the abundance of listings, a 'lack of suitable properties' remains the top concern for active buyers.
Nearly half of those surveyed expect prices to rise in the next year, though the current high stock levels may keep them stable for now.
Lack of supply still a concern despite record listings
Majority believe property prices will rise
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