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Nick Tuffley: ASB chief economist on the outlook of the latest ASB Housing Confidence survey

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Manage episode 438115396 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A new survey by ASB indicates Kiwis aren't expecting house prices to pick up again anytime soon.

According to ASB's Housing Confidence survey, a net 13 percent of respondents believe house prices will go up - down more than 30 percent compared with last quarter.

A net 20 percent of respondents now expect lower interest rates and only a net 8 percent think now is a good time to buy.

ASB chief economist Nick Tuffley says falling interest rates haven't inspired confidence in sellers.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7161 episodes

Artwork
iconShare
 
Manage episode 438115396 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A new survey by ASB indicates Kiwis aren't expecting house prices to pick up again anytime soon.

According to ASB's Housing Confidence survey, a net 13 percent of respondents believe house prices will go up - down more than 30 percent compared with last quarter.

A net 20 percent of respondents now expect lower interest rates and only a net 8 percent think now is a good time to buy.

ASB chief economist Nick Tuffley says falling interest rates haven't inspired confidence in sellers.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7161 episodes

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