Kim Mundy: ASB Senior Economist on the sentiment towards the future of house prices

Interest rate sentiment might have turned, but people are uncertain about the future of house prices and whether it's a good time to buy.  A new ASB survey's found more people expect interest rates to fall rather than lift in the coming year.  Senior Economist Kim Mundy says uncertainty is still high, and the economic outlook isn't very strong.  She says consumers are still going to be cautious around the housing market, even if the interest rates story is likely to improve.  LISTEN ABOVE See omnystudio.com/listener for privacy information.