Press Release – ASB
Surveyed house price expectations have wobbled but remain high despite government policy changes.
Buyer sentiment has turned more negative with a net 21% saying it is a bad time to buy.
The rate of house price growth is expected to slow over the second half of this year.
Changes in government housing policy announced in March have dampened Kiwis’ house price expectations only a little, according to the latest ASB Housing Confidence Survey. A net 64% of respondents say they expect house prices to continue climbing in the coming 12 months, down from last quarter’s record 73%, but still the third highest result in the survey’s 25-year history.
Friday, 28 May 2021, 6:06 am
Surveyed house price expectations have wobbled but
remain high despite government policy changes.
Buyer
sentiment has turned more negative with a net 21% saying it
is a bad time to buy.
The rate of house price growth
is expected to slow over the second half of this
year.
Changes in government housing policy
announced in March have dampened Kiwis’ house price
expectations only a little, according to the latest ASB
Housing Confidence Survey. A net 64% of respondents say they
expect house prices to continue climbing in the coming 12
months, down from last quarter’s record 73%, but still the
Press Release – ASB Surveyed house price expectations have wobbled but remain high despite government policy changes. Buyer sentiment has turned more negative with a net 21% saying it is a bad time to buy. The rate of house price growth is expected to slow over the …
Surveyed house price expectations have wobbled but remain high despite government policy changes.
Buyer sentiment has turned more negative with a net 21% saying it is a bad time to buy.
The rate of house price growth is expected to slow over the second half of this year.
Changes in government housing policy announced in March have dampened Kiwis’ house price expectations only a little, according to the latest ASB Housing Confidence Survey. A net 64% of respondents say they expect house prices to continue climbing in the coming 12 months, down from last quarter’s record 73%, but still the third highest result in the survey’s 25-year history.
Changes to the Government s housing policy are yet to curb house price expectations
Changes to the Government s housing policy are yet to curb house price expectations 28 May 2021
The latest ASB Housing Confidence Survey shows 64 percent of respondents expect house prices to continue to climb in the coming 12 months, down from last quarter s 73 percent.
The Government announced a suite of new policies, aimed at cooling off property investors and helping first-home buyers in March.
ASB senior economist Mike Jones says housing views remain steady.
He says it s still the third highest result in the survey s 25-year history.