Property prices drive consumer confidence in Auckland

Thu, 17 Jan 2013

Jan. 17 (BusinessDesk) – The hot property market is making consumers more confident in Auckland and they expect house prices to rise more in the next two years. That is according to the ANZ-Roy Morgan NZ consumer confidence survey for January, which otherwise shows a mixed picture nationally. The national headline consumer confidence index firmed to 118.3 in January from 114.7 in December but when seasonally adjusted eased to 112 from 115. In Auckland, the index rose six points to a 2.5 year high. “You will need to look no further than the...

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