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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 shows buyer confidence at a two-year high, with 61% of Kiwis believing now is a good time to buy. This optimism is fuelled by falling mortgage rates, stable prices, and a record number of property listings.
Despite high supply, the main concern for buyers is still a "lack of suitable properties". Looking ahead, nearly half of those surveyed expect property prices to increase over the next 12 months, though high stock levels may keep prices stable.
Lack of supply still a concern despite record listings
Majority believe property prices will rise
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