Business
Home buyers lose confidence in the housing market as prices rise, affordability worsens – Domain News
Rapidly rising prices and limited choice has begun to dampen buyer’s spirits as their positivity about the market declines.
Rapid property price growth and the lack of homes to choose from has begun to dampen buyers spirits in a fast turnaround from the market confidence that jump-started the year, a new survey has found.
MEs latest Quarterly Property Sentiment Report has found the overall sentiment of buyers and sellers in the residential property market dropped seven percentage points to 42 per cent.
It follows record high sentiment recorded during the first quarter of 2021 when property prices started their meteoric…
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