News

Ray White Carnegie’s Matt Hurlston: Property buying intentions rebound in June

By Matt Hurlston

Making sure the conditions are just right for buying Oakleigh real estate is essential and latest figures suggest now could be as good a time as any to enter the market.

The Westpac – Melbourne Institute Survey of Consumer Sentiment for June shows the effects of the federal budget are now starting to subside, which has had a positive impact on confidence.

June saw a rebound in the number of people who think now is a good time to purchase property, up 11.4 per cent following declines over the past three months.

Not only this, there has been a 11.1 per cent fall in the number of respondents also believe house prices will rise in the near future, up from 9.8 per cent in May.

"While those expecting house prices to rise over the next 12 months still outnumber those expecting declines, nearly a third of respondents now expect prices to be unchanged," explained Westpac senior economist Matthew Hassan.

Matt Hurlston of Ray White Carnegie

It doesn't matter whether you're getting onto the property ladder for the first time or are hoping to move to a new home, Matt Hurlston of Ray White Carnegie is on hand to help.

With plenty of experience in the local market, he could be just what you need to find your dream home.

Up to Date

Latest News

  • Home buyers out in force across Australia

    HOME BUYERS were on the hunt in strong numbers across Australia again today. The Ray White Group, which accounted for 30 per cent of all auction stock this week, today recorded its best week ever by way of registered and active bidders across the country. The group’s data recorded six … Read more

    Read Full Post