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
WESTPAC PREDICT 15% SURGE IN HOUSE PRICES
House prices are set to bottom out by June 2021 before bouncing up by 15% according to Westpac’s economic...
The vision for the City of Perth 2050
“Imagine flying your drone over inlets and islands on either side of Elizabeth Quay. You land on a finger...
China to bring economic growth for Australia
Industry experts believe China is Australia’s best bet in leading the nation towards the path of economic stability and...
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...
Griffin at Realestate.com.au Market Update event
Griffin Group’s Marketing team attended a Realestate.com.au Market Update event last week which explored the subtle but notable changes...
AUSTRALIA’S TIGHT RENTAL MARKET
Why are rental markets so tight right now and what’s likely to happen next? Whether in Brisbane, Adelaide, Canberra...
Scarborough | a great place to live and play
“whether it is watching the sunset over the Indian Ocean, grabbing a bite at the many cafes or restaurants,...
Perth is hot property
Fresh research from Peard Real Estate shows that Perth is ripe for investment as evidenced by the 100% increase...
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...
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...