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Housing confidence is building across Australia

Posted on 23 October 2012

The Commonwealth Bank-Mortgage and Finance Association of Australia (MFAA) home finance index, released yesterday, found 75.8 per cent of people believed house prices would grow or remain stable between now and the end of the year.
The survey found 77.9 per cent of respondents believed now was a good time to buy, with Australian households at their highest level of financial confidence since May 2011. MFAA chief executive Phil Naylor said that all signs pointed to a recovery in the property market………………………………………..Full Article: Source


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