Kiwi remain confident about buying houses despite slowing market, bank survey says

The latest ASB Housing Confidence Survey shows Kiwi buyer sentiment remains strong despite a slowing market, with 26% believing it's a good time to buy. This confidence is supported by lower interest rates and stable house prices.

However, expectations for further rate cuts and price rises have softened. Headwinds like high housing inventory and economic uncertainty suggest a gradual recovery is more likely than a sharp rebound. Buyer sentiment is mixed across NZ, with regional variations in optimism.