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Housing confidence

Up go the houses

Near record numbers of people expect house price rises, but more reckon now is not a good time to buy, according to ASB survey

ASB housing confidence survey

Housing price expectations approach record level in latest ASB housing confidence survey; most buyers think interest rates will stay low for a long time

'House prices to rise at moderate rate': survey

House price expectations jump in face of low rates: ASB's Housing Confidence Survey

Chch home buyers expect big price rises

House price expectations subdued outside of Auckland and Christchurch, ASB survey shows

Only net 8% see higher house prices

ASB survey shows house buying confidence slips in October quarter as price expectations slump

Video: Housing confidence improves

House buyers see glimmer of

The ASB Bank has released its housing confidence survey for July, and this suggests "a greater proportion of people see now as a good time to buy". The "good time to buy" opinion rose from -9% in the three months to April, to +9% in the three months to July. But this same survey showed even more clearly that New Zealanders expect prices to keep falling. An overwhelming 56% of respondents expected prices to fall from here, the weakest reading in this survey by a substantial margin. The survey began in 1996. 64% expect lower prices, while only 8% thought prices would rise, and the difference between these two gives the net index reading.