Buyer confidence in property market at two-year high, survey says

A recent Trade Me Property survey reveals buyer confidence is at a two-year high, with 61% of Kiwis believing it's a good time to buy. This optimism is driven by falling mortgage rates, stable prices, and a record number of listings, creating a "perfect storm" for buyers.

Despite the high supply, the top concern for buyers remains a "lack of suitable properties". Looking ahead, nearly half of those surveyed expect property prices to increase in the next year.