UPDATED NZ housing confidence rises everywhere except Auckland ASB

Mon, 13 Aug 2012

(Adds comment on drop in confidence in Auckland in fifth paragraph) By Hannah Lynch Aug. 14 (BusinessDesk) - Housing confidence remained stable across all regions expect Auckland for the three months to July as prices rose from already elevated levels, according to an ASB survey. A net 22 percent of respondents in the ASB Housing Confidence Survey said now is a good time to buy a house, compared with 21 percent in the previous quarter. Auckland bucked the trend with confidence dropping to 12 percent from 18 percent three months earlier. A n...

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