ASB survey shows New Zealanders have low expectations of property pricesSTUFF An ASB survey shows New Zealanders have low expectations of property prices. New Zealanders are fast losing confidence in the housing market. ASB's latest housing confidence survey shows house price expectations have fallen for the fifth quarter in a row to a six-year low. A net 17 per cent of respondents expect higher house prices over the next year, compared to 32 per cent last quarter. In other areas, people might think prices could fall further, and so would not think it was a good time to buy because of that.

Source: Stuff November 08, 2017 16:00 UTC