Property

Difference in opinion on property market

North Islanders, outside of Auckland, are less worried about the housing market than South Islanders, the ASB Bank's latest housing confidence survey shows.

Monday, November 08th 2004

In the North Island, a net 6 per cent of survey respondents believe house prices will rise in the next 12 months. The net result is calculated from the difference between those who believe prices will rise in the next 12 months and those who do not believe prices will rise in that period.

In the South Island, mainlanders are a bit pessimistic. A net 3 per cent do not think prices will rise and a net 21 per cent do not think it's a good time to buy a house.

In the North Island, outside Auckland, people are fairly evenly split, with a net 1 per cent saying it's a good time to buy a house.

But in the city of sails, a net 8 per cent do not think it is a good time to buy and a net 15 per cent do not think prices will rise in the next year.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.99
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.69
ICBC 4.69
ANZ Special 4.75
Kiwibank Special 4.75
ASB Bank 4.75
SBS Bank Special 4.75
TSB Special 4.75
Westpac Special 4.75
AIA - Go Home Loans 4.75
Wairarapa Building Society 4.59
ASB Bank 4.75
TSB Special 4.75
SBS Bank Special 4.75
ANZ Special 4.75
Westpac Special 4.75
AIA - Go Home Loans 4.75
Kainga Ora 4.75
Kiwibank Special 4.79
Nelson Building Society 4.87
BNZ - Std 4.89
SBS Bank Special 5.39
Westpac Special 5.39
ICBC 5.39
Co-operative Bank - Owner Occ 5.49
Kainga Ora 5.49
AIA - Go Home Loans 5.49
ASB Bank 5.49
TSB Special 5.49
BNZ - Classic 5.59
Kiwibank Special 5.59
BNZ - Std 5.59
SBS Construction lending for FHB 3.74
AIA - Back My Build 4.44
CFML 321 Loans 4.75
Co-operative Bank - Owner Occ 5.70
Co-operative Bank - Standard 5.70
Heartland Bank - Online 5.75
ICBC 6.09
Kiwibank - Offset 6.15
Kiwibank 6.15
ASB Bank 6.29
SBS Bank 6.29

More Stories

Spending confidence low and likely to fall further

Thursday, September 18th 2025

Spending confidence low and likely to fall further

More than 40% of households who took part in the latest Westpac McDermott Miller Consumer Confidence say their financial position has deteriorated over the past year.

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.