Feature article
Kiwi remain confident about buying houses despite slowing market, bank survey says
New Housing Confidence Survey, shows 26% of Kiwi think now is a good time to buy a home.
AI summary
The ASB Housing Confidence Survey shows Kiwi buyer sentiment remains strong despite a slowing market. 26% believe it's a good time to buy—near a 14-year high—supported by lower interest rates and stable prices.
However, expectations for further rate cuts and house price increases have softened. Confidence varies regionally, and headwinds like high inventory and weak demand suggest a sharp rebound is unlikely, signalling a market of cautious opportunity for prospective buyers.
FAST FACTS
ASB housing confidence survey findings
Kiwi are staying surprisingly upbeat about buying homes, even though the housing market has seemingly cooled down.
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