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
Perth property is bouncing back
In a much needed change, Perth’s property prices have finally seen a slight upturn for the first time in...
$2.4 billion set for infrastructure projects
The State Government is fast tracking tenders for $2.4 billion to kickstart multiple transport infrastructure projects guaranteeing small and...
INTEREST RATES SLASHED TO RECORD LOW
The Reserve Bank of Australia have cut interest rates to a record low of 0.10% – a dramatic shift...
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...
The evolving “Great Aussie Dream”
The “Great Aussie Dream” is alive and well but it is no longer just about securing the big 4...
WA IS SAILING THROUGH THE ECONOMIC STORM
The State Governments hard border closure, the ongoing strength in the mining sector and the states low reliance on...
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...
WA set for $4.5 million over the next three years in GST top-up deal
Federal Treasurer Josh Frydenberg and WA Treasurer Ben Wyatt finalised a deal this week which will see Western Australia...
RESIDE ON MONEY – Major construction milestone reached!
A huge milestone was reached over the weekend for our Northbridge development. Reside on Money builders, JCM Construction, laid...
HOMEBUILDER GRANTS EXTENDED TO MARCH NEXT YEAR
Great news for those who thought they may have missed out as the HomeBuilder grant as it has now...