Investors are increasingly optimistic about today’s hot market
By Bianca Dabu
14 May 2021
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1 minute read
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While low interest rates continue to drive demand, affordability constraints and undersupply are starting to dampen the sentiment across residential real estate, a new survey has found.
The second quarter of 2021 saw the overall sentiment among buyers and sellers in the residential property market decline by 7 percentage points to 42 per cent following record-high sentiment during the first quarter, ME Bank’s latest
Quarterly Property Sentiment Report revealed.
Conducted in April 2021, the national survey included 1,000 Australians who are active in the property market, including investors, owner-occupiers and first home buyers.