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The June quarter Confidence Index held steady just one point below the March result, signalling continued optimism across the property sector.
CONFIDENCE
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South Australia is leading the nation when it comes to confidence in the property sector.
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Confidence in the ACT property market has surged.
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Data from InfoTrack shows that the 3.0% of cumulative interest rate hikes from the Reserve Bank of Australia (RBA) has tanked property sales.
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Rental properties now sit on the market for just 19 days, according to a national report highlighting the intense pressure house-hunting tenants are under.
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The Omicron wave of COVID-19 cases in South Australia hit both business and consumer confidence, a new report has found.
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While confidence remains relatively stable, strong November results for the retail sector could trigger false hope, economists warn.
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Almost 60 per cent of Perth survey respondents thought WA prices were likely to increase in the next six months.
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Economists at Australia's largest retail bank are predicting a robust economic outlook, but have also warned of a build-up in inflation pressures.
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Fewer respondents to a survey were confident that now was a good time to invest in property compared to last year.
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Inflation expectations for the next two years jumped 0.3 percentage points to five per cent, the highest level since December 2014.
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Melbourne’s property market is seeing seller confidence return amid the easing of restrictions.
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