The RP Data - Nine Rewards Consumer Housing Market Sentiment Survey for the September 2014 quarter was released yesterday
The RP Data - Nine Rewards Consumer Housing Market Sentiment Survey for the September 2014 quarter was released yesterday. The highlights of the report were: - 68% of respondents felt Australia's housing market was vulnerable to a significant correction in values - 66% of respondents felt now was a good time to buy property - 59% felt now was a good time to sell property - 63% expect mortgage rates will remain steady over the next 6 months - Only 11% think values will fall over the next 6 months - Only 12% think values will fall over the next year - Only 5% think rental rates will fall over the next year.