Nat Keall: ASB Economist on the growing confidence in the housing market - Early Edition with Ryan Bridge

The number of people who expect house prices to continue to fall is dropping.  

The ASB Housing Confidence Survey shows 8% believe that, down from 34% last quarter. 

More people think now's a good time to buy but there's still a split.  

Aucklanders are the most confident house prices will increase. 

ASB economist Nathaniel Keall says it suggests the market's at a turning point.  

He says people still think prices will fall further and interest rates will rise, but the number is far less than even a few months ago. 

LISTEN ABOVE 

See omnystudio.com/listener for privacy information.