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
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...
NOW IS THE TIME TO BUY | PERTH
There is no better time than now to get into the Perth property market. The conditions are perfect to...
BHP to raise Iron Ore export capacity
BHP is looking to increase its Western Australian iron ore export capacity from Port Hedland by an extra 40...
Australia’s household wealth hits $1m for the first time
Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...
Scarborough Beach to get Australia’s first ever trackless tram
Sensational news for Perth as Australia’s first ever trackless trams are set to hit Scarborough Beach. This proposed $97...
WA IS AHEAD OF THE VIRUS – $1 BILLION AHEAD TO BE EXACT
The WA mining industry’s success in trading continuously through the coronavirus pandemic could give WA a market advantage by...
Restrictions lifted and a flattened curve makes WA the best place to be right now.
WA Premier Mark McGowan is eager to get West Australians back to work after releasing the states highly anticipated...
WA receives $12 million tourism funding boost
Western Australia has received a $12 million boost for international tourism and events marketing unveiled by Premier Mark McGowan...
WA | back on track
The first WA State Budget surplus in 5 years of $553 million and a $4.1 million reduction in State...
Shanghai and Perth economic boom
Shanghai and Perth have developed immensely over the decades and former premier Colin Barnett has expressed that we can...