Property positivity on the rise, but COVID concerns remain
Australians are becoming more optimistic about property markets following the first wave of COVID-19, but the majority of respondents to a new survey say they’re not willing to transact over the next 12 months.
Andrew Bartolo says the shift in property sentiment due to COVID-19 could not have been predicted at the start of 2020. Photo: ME Bank (Image source: Shutterstock.com)
Australians are becoming more optimistic about property markets following the first wave of COVID-19, but the majority of respondents to a new survey say they’re not willing to transact over the next 12 months.
ME Bank’s sixth quarterly Property Sentiment Report showed positive sentiment rose to 35 per cent for Q3 2020, up six points from the previous quarter but under the recent high of 39 per cent in the first quarter of the year.
Concern abo…
