Global Power | Local Knowledge | Uniquely Personal
All Articles News FAQs Videos
中文

More WA residents 'feeling confident in property market'

There has been a rise in the number of WA residents who are feeling a sense of confidence concerning the local property market, research suggests.
More Western Australia (WA) residents are now feeling an air of confidence about the state of the local property market, it has been suggested.

ABC News has reported on Curtin Business School-Chamber of Commerce and Industry research which relates to consumer confidence and their property-related confidence.

According to the news provider, John Nicolaou, chief economist at the body, noted that as many as 44 per cent of the people questioned in the latest quarterly study feel it might be worthwhile purchasing WA property at the present time.

In the last quarter, this figure only stood at 40 per cent, he added.

Discussing the research, the commentator noted: "Those sorts of sentiment do provide a potential boost to a housing market that really does need a lift."

Australian shadow treasurer Joe Hockey recently suggested that interest rate changes may have recently had an impact on the condition of the country's property market.

Posted by Ravin Chatlani
- property, WA, Perth, Curtin

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

中文

Subscribe Now