RP Data, in association with Nine Rewards, has just released its May housing market sentiment survey (below), which asked 1,030 participants a range of questions on what they expected from Australia’s property market over the next six to twelve months.
According to the survey results, housing market sentiment remains fairly strong, with 80% of respondents believing it was a good time to buy a home, up from 76% in October 2012:
And 37% of sellers believe now is a good time to sell a home, up from 29% in October 2012:
Interestingly, the two most important factors when purchasing a property are one’s personal financial situation (48.5%) and prospects for capital growth (21.9%), which trump interest rates (13.4%) and job security (9.1%):
Full survey below.
