Thu, Nov 27, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Investment, Residential property Watch more

Australia homebuyer confidence hits lowest since 2008

Posted on 27 March 2013

Australian homebuyer confidence fell to the lowest level since 2008 as concerns about job security outweighed historically low interest rates and improved affordability, according to Genworth Financial Inc. (GNW).
The bi-annual Genworth Homebuyer Confidence Index declined to 93.4 in March from 98.4 in September, the Richmond, Virginia- based insurer, which provides lenders’ mortgage insurance in Australia, said in an e-mailed release today. The proportion of borrowers who expect to face difficulties repaying their home loans in the next year rose to 27 percent this month from 19 percent in September, it said………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930