House prices picked to keep rising--ASB's quarterly survey of housing market

LYYX

House prices picked to keep rising

Rising interest rates have yet to dent people's expectations that house prices will continue to rise over the year ahead, especially in Auckland and Canterbury.

ASB's quarterly survey of housing market sentiment found a net 49 per cent expected house prices to rise over the next 12 months, virtually unchanged from 48 and 47 per cent in the previous two quarters and historically high by the standards of the 18-year-old survey."House price expectations have been quite resilient to the lifts in the official cash rate to date this year and the flow-on effect on floating mortgage rates," Nick Tuffley, ASB chief economist, said.

The slight easing in price expectations over the past year occurred after the Reserve Bank's restrictions on low deposit loans were implemented last October.

In Auckland a net 57 per cent of respondents expect prices to rise, up from a net 52 per cent in the April survey, and in Canterbury a net 59 per cent do, up from a net 55 per cent last time.

Asked if it was a good or bad time to buy a house, 12 per cent said it was a good time and 23 per cent a bad time. The net 11 per cent negative is the worst reading since October 2007.

"It has been weakening steadily for quite some time. Market conditions are still pretty challenging from a buyer's point of view," Tuffley said.

In Auckland a net 21 per cent consider it a bad time to buy, up from a net 10 per cent in the previous quarter.

See more detail? http://www.nzherald.co.nz/proper ... 8&objectid=11309056

而天维网网友几个投票及统计信息是这样的---它同ASB's survey 可能不同：
1）八，九月买房好时机？（http://bbs.skykiwi.com/forum.php ... 4621&extra=page%3D1）
8，9月买房是否好时机？这问题让网友分成几乎不相上下的两部分，但觉的是好时机的比不好时机的多4.4%（35-是占30.7%，29-否占26.3%）。这说明什么？说明不管是什么时候---某个时间点，总有一些人认为是好时机，而另外一部分认为是不好时机--因为他们考量问题的切入点不同以及自身条件不同等等。我们可以预测（？）两年或七年以后的房市，但这没有实际意义！----因为那可能人人都能想到的，过去的几个循环让人亲身体会到的（1998年-2007年，2008-2013年关注或买过房子的话？），我们要把握的是当下！
2）下半年你准备买卖房子吗？（http://bbs.skykiwi.com/forum.php ... 1303&extra=page%3D1）
从237人投票，共242票中知：高达26.5%（64/242)的人下半年计划买房，只有7%的人打算卖房--买房的网友占绝对优势（相对卖房）,而且可以想象目前已在行动？由于是多选投票，可能有人是买卖房在一人头上同时发生。这个投票结果可能是由于华人更偏好房产投资（也买的起？），同时也继续看好房市？！



欢迎网友Comments

NewLynnHse

Dickens48

That is the likely trend