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

The ASB Housing Confidence Survey reveals Kiwi buyer sentiment remains strong despite a slowing market, with 26% believing it's a good time to buy. This confidence is driven by lower mortgage rates and stable prices creating opportunities.

However, expectations for further interest rate cuts and house price growth have softened significantly. While buyer optimism is mixed regionally, a gradual market uptick is forecast, though persistent headwinds like weak demand mean a sharp rebound is unlikely.