Statistics indicate increased confidence in WA’s property market
July 12, 2019
More good news for WA’s property market with fresh data from the ANZ/Property Council Survey revealing that confidence is now the second highest of any state or territory in Australia, despite Perth’s falling house prices.
The Survey measures industry sentiment and shows that WA’s property market has jumped nine index points since May, bringing to an end a year-long decline.
Property Council WA executive director Sandra Brewer was encouraged by the latest data for WA and commented that “Our run of four quarters of declining confidence has come to an end, and all the key indicators are now pointing back in the right direction”.
Read Our Other Articles
Large infrastructure set to supercharge WA’s economic recovery
WA’s economic recovery from COVID-19 will be supercharged by executing a list of large construction projects that will create...
Energy efficiency and why you should go 6 stars
If you are looking for a home where you will slash your energy bills and have a future-proofed investment,...
WA outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...
PROPERTY PRICES SET TO RISE IN 2021
The Australian residential real estate market should begin to rise in the second half of next year following a...
A SURGING RESOURCES SECTOR DRIVING RECORD JOB OPPORTUNITIES
By the end of 2022 the total number of people working in the State’s surging resources sector will surpass...
Perth rental and sales activity on the rise
Stupendous news for Perth as data derived from reiwa.com revealed leasing transactions rose by 16% as well as sales transactions...
Quick recovery could reduce Government bailout spend
The JobKeeper and JobSeeker schemes, originally budgeted to cost $130 billion with the expectation that 6 million people would...
BUYERS ACTING FAST AS APARTMENTS, TOWNHOUSES AND UNITS FLY OFF THE SHELVES
Perth’s dormant unit market is no longer stagnant with a 58 per cent jump this March quarter compared to...
“Royal Hotel” Perth landmark restored
A piece of Perth’s history was finally unveiled last Friday with the grand re-opening of the restored “Royal Hotel”...
PM to slash red tape and accelerate WA projects
The Prime Minister’s plan to slash red tape and drive several road, rail and iron ore projects has been...