Kim Mundy: ASB Senior Economist on the latest Housing Confidence Survey

Early Edition with Ryan Bridge · Mar 5, 2023 · 3m

Most people are picking a further fall in house prices.

In the latest ASB Housing Confidence Survey, 43-percent of respondents expect house prices to fall in the coming year.

People living outside Auckland and Canterbury are particularly pessimistic.

ASB Senior Economist Kim Mundy says this is a shift, as Aucklanders and Cantabrians were previously more pessimistic.

The survey also found three quarters of respondents expect higher interest rates over the coming year.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.