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1.Market Observations

26 July 2012 (AFR) – Sentiment worsens in property sector

[COMMENT: Article incldues a bar chart of declining industry sentiment in recent years.]

(26 July 2012, AFR, p46, Zoe Fielding)

‘Confidence has deteriorated in the property and construction industry with expectations of forward work schedules and staffing levels having fallen in the past quarter, a survey by the Property Council of Australia has found.’

‘The Property Council-ANZ Property Industry Confidence Survey, which included the views of 3100 professionals, slipped to 106 points for the September quarter from 113 points for the June quarter.’

Read more at AFR.com (might need AFR login access)

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