confidence in oz property reaches historic hi, page-7

  1. 3,311 Posts.
    This was from the respected source, Westpac/Melb Inst (RBA use this)
    ************

    Expectations that house prices will continue to rise remain. In the latest survey of consumers, 59.2 per cent of respondents expect house prices to rise by between 010 per cent and about 23.9 percent expect prices to rise by more than 10 per cent over the next twelve months.

    = 83% expecting rises


    There is also the time to buy a dwelling index which has been falling each month since Jan 2010.

    More Expecting price rises, but more finding it's NOT time to buy a dwelling... that's an interesting divergence !!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.