Housing Confidence: More Kiwis spy a housing market turnaround
- More and more Kiwis think house prices are past their lows and are set to increase
- The proportion of respondents expecting further mortgage lifts is trending down, but few Kiwis expect much of a reduction any time soon – that’s the right call in our view
- Kiwis are still relatively evenly split on whether or not it is a good time to buy: the risk of tipping into negative equity is lower than it was, but high interest rates make things a tricky business for many
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Nick Tuffley
ASB Chief Economist
Since starting out in 1997 as an economist, it's fair to say Nick has seen a few hair-raising moments over the years, including the Asian Financial Crisis and the Global Financial Crisis.
One of Nick's strengths is his ability to communicate complex ideas in a readily understandable and entertaining way. He thrives on helping people understand the economic environment to help enrich the quality of their business or personal life. He’s proud to lead a team that has won two Forecast Accuracy Awards from Consensus Economics, and has a strong track record with their Official Cash Rate and dairy price forecasts.
Nick grew up in Christchurch and graduated with a Master of Commerce degree from the University of Canterbury. He learned his economic ropes at the Reserve Bank of New Zealand before a long stint as a Senior Economist at Westpac, and joined ASB as Chief Economist in 2007.
- Email: Nick
