The Covid financial crisis could provide a silver lining for first home buyers.
ASB's latest Housing Confidence Survey shows just 14-percent of people believe house prices will increase in the next year.
That's compared to 54-percent of people this time last year.
But One Roof editor Owen Vaughan told Kate Hawkesby now could be a good time to enter the market, with investors holding off, and interest rates at a historic lows.
He says for first time buyers who are making a long term property decision, this is a good time to buy.