Statistics indicate increased confidence in WA’s property market

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”.