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Australia: Real estate agents’ confidence soars

Posted on 18 April 2013

Australian businesses may be doing it tough, but at least real estate agents are feeling pretty good. A survey of property industry sentiment shows confidence has risen to its highest level in 18 months. That goes against the wider trend in business sentiment, which remains stuck at below-average levels.
And there’s good reason for real estate agents feeling positive: house prices are increasing and investors and owner-occupiers are starting to borrow more. Property Council of Australia chief operating officer Ken Morrison says there is a feeling would-be buyers are returning to the market after a tough couple of years…………………………………..Full Article: Source


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