Business
Half of Aussies expect property prices to fall – MacroBusiness
Budget Direct has released research into consumers’ confidence towards the property market in the wake of COVID-19. Over half (56.7%) of those surveyed predicted that property prices would fall over the next 3–6 months. Of these, the vast majority (43.3%) an…
Budget Direct has released research into consumers’ confidence towards the property market in the wake of COVID-19.
Over half (56.7%) of those surveyed predicted that property prices would fall over the next 36 months. Of these, the vast majority (43.3%) anticipated an average fall of 20% or less, whereas a smaller share (13.4%) expected price falls of over 20%.
By comparison, nearly 20% of those surveyed expected property prices to rise.
The results are fairly even across jurisdiction. For …
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