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Buyer confidence in property market at two-year high, survey says
Our annual State of the Nation report
AI summary
A recent Trade Me Property survey reveals buyer confidence has hit a two-year high, with 61% of Kiwis believing it's a good time to buy. This optimism is driven by falling mortgage rates, stable prices, and a record-high supply of listings.
Despite the abundance of properties, buyers' top concern is still a 'lack of suitable properties'. Looking forward, nearly half (49%) of those surveyed expect property prices to increase within the next 12 months.
Lack of supply still a concern despite record listings
Majority believe property prices will rise
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