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31 May 2025 17:51
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  •   Home > News > Business

    Optimism in the housing market is increasing

    Optimism in the housing market is increasing

    30 May 2025
    The latest ASB Housing Confidence survey shows 28 percent of net respondents think it's a good time to buy.

    That's the highest number since 2011.

    That figure is highest for people in the North Island, excluding Auckland and lowest for Cantabrians.

    ASB Chief Economist Nick Tuffley says house prices fell for a while and are now levelling off.

    He says there's a lot of supply and not much competition.

    © 2025 Newstalk ZB, NZCity


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     Today's News

    Environment:
    Brett Cameron believes his return to the Hurricanes number 10 jersey marks a full circle completion of his lengthy injury layoff 17:27

    Law and Order:
    Armed police have arrested a man in Dunedin following a three-hour standoff 17:27

    Law and Order:
    A 19-year-old man has been arrested and charged following two reports about a man's suspicious behaviour in West Auckland 16:57

    Rugby League:
    Kiwis and Newcastle Knights prop Leo Thompson's facing a month-long ban after a grade-two crusher tackle in last night's NRL loss to the St George Illawarra Dragons 16:17

    Business:
    Donald Trump announces plans to double steel tariffs to 50pc to 'further secure US steel industry' 16:07

    Rugby:
    Blues captain Patrick Tuipulotu insists his side doesn't have the inside track in the race for sixth in the Super Rugby Pacific playoffs picture 15:47

    Accident and Emergency:
    One person has died following a serious two-vehicle crash in Northland 15:17

    Golf:
    Dangerous weather and then darkness has forced an end to play, on day two of the US Women's Open golf major in Wisconsin 14:47

    Rugby League:
    Questions over the amount of money that should be thrown at rugby league halfback Nathan Cleary if he shows interest in playing rugby union in the future 14:27

    Law and Order:
    Praise for the Police response, to a night of large, violent boy racer gatherings in Levin and Palmerston North 14:17


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