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
Australia ranked #1 for purchasing power
Australia officially has the highest minimum wage according to the latest OECD real minimum wage rankings, the first time...
TOP 4 FEATURES ON HOME BUYERS WISH LISTS
Buying a home is the biggest investment any of us will ever make. With our schedules being busier than...
WA commercial property sector pushing through COVID-19 gloom
Between the lines, a report released by Ray White on Thursday revealed that despite the uncertainties brought on pandemic,...
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...
Breathing new life into Perth
The Metropolitan Redevelopment Authority, often referred to as the MRA, is the delivery arm of the State Government’s planning...
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...
Scarborough’s $120 Million Woolworths Tower Project
Scarborough is set to receive even more investment with a planned $120 million-dollar redevelopment of Scarborough’s White Sands Tavern...
Another boost to WA’s mining sector
Today we welcome more good news for WA’s economy with another boost for our mining industry. Fortescue Metals Group...
Expansion of Perth ferries services to increase city connection
One of Perth’s defining assets is the stunning Swan River, dividing the city into North and South. As the...
Construction Kick Off at Loft Haus
The Griffin Team are excited to share that our builders @ABN Group have officially started construction on our Leederville...
