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flag New Zealanders' confidence in housing market rises, but only 23% see it as a good time to buy.

flag New Zealand's housing confidence has returned to 2020 levels, with 33% of respondents expecting house prices to rise, up from 24% in the last quarter. flag However, only 23% believe it's a good time to buy, and there's a slight drop in those expecting interest rates to fall. flag ASB Chief Economist Nick Tuffley notes a "sweet spot" for buyers due to falling interest rates and high supply. flag Confidence in Canterbury increased significantly, but it wavered in Auckland.

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