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 Market | Demand exceeds Supply
Perth’s property market, despite COVID-19, is experiencing higher demand than supply with REIWA President commenting on a reducing number...
WA outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...
First weekend The Residence on-site sales suite is open
THIS WEEKEND is your opportunity to visit our on-site sales suite to select your new boutique off-the-plan apartment at...
Australia retains its AAA rating
Great news for Australia as it retains its AAA sovereign credit rating alongside just nine other countries through the...
WHAT MAKES AN APARTMENT DEVELOPMENT ‘BOUTIQUE”?
Boutique Apartments and townhouses are a growing trend in Perth, on the east of Australia, and abroad. The word...
International Women’s Day
Yesterday we celebrated International Women’s Day. Griffin Projects Group is #proud to have a strong team of women driving...
Demolition completed for The Residence development
In an important step for The Residence development, demolition on the Scarborough site has officially been completed. In keeping with...
WA’s resources sector key driver in Australia’s economy
It is good news for Australia’s economy with the mining sector set to re-establish itself as a key driver...
Happy Chinese New Year
In Chinese culture, rats are seen as a sign of wealth, they are considered successful animals that are clever and...
WA leads way in lifting COVID-19 restrictions
NSW Premier Gladys Berejiklian recently announced a wide-scale easing of COVID-19 restrictions for the state to get the economy...
