The number of people who expect house prices to continue to fall, is dropping
The number of people who expect house prices to continue to fall, is dropping
16 October 2023
The ASB Housing Confidence Survey shows eight percent believe that -- down from 34 percent last quarter.
More people think now's a good time to buy -- but there's still a split.
Aucklanders are the most confident house prices will increase.
ASB economist Nathaniel Keall says it suggests the market's at a turning point.
He says people still think prices will fall further and interest rates will rise -- but the number is far less than even a few months ago.
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