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 latest ASB Housing Confidence Survey shows Kiwi buyer sentiment remains strong, with 26% believing now is a good time to buy—a figure near a 14-year high.
Lower interest rates and stabilising prices are creating opportunities for buyers. However, expectations for further rate cuts and house price rises have softened. Headwinds like weak demand and economic uncertainty mean a sharp rebound is unlikely, suggesting a gradual market recovery is more probable.
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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