Most Australians believe now is a good time to buy property, according to a CoreLogic RP Data survey. The survey shows 60% of respondents agree now is a good time to buy real estate.
When asked if they thought foreign buyers were making it difficult for Australians to own their home, 73% said “yes”.
The survey found 48% expect home prices to rise over the next six months, while 45% are tipping prices to rise during the next year. In a separate question, 14% expected prices to fall.
Regional WA respondents were wary about their market’s vulnerability, with 86% indicating they were concerned values could fall significantly.