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

A Trade Me Property survey reveals buyer confidence is at a two-year high, with 61% of Kiwis believing it's a good time to buy. This optimism is fueled by falling mortgage rates, record-high supply, and stable prices.

Despite the high number of listings, buyers' top concern remains finding a suitable property.

Looking ahead, 49% of respondents expect prices to increase over the next 12 months, though the current abundance of stock may keep them stable.