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1.Market Observations, 8.Was Sticky

17 Jan 2017 (AFR) – Perth housing confidence slides as it underperforms the rest of Australia

(17 January 2017, AFR, p7, by Su-Lin Tan)

‘Perth’s property market is showing no signs of bottoming out and both parties in the March Western Australia state election should make it a priority, says the Property Council of Australia. The ANZ/Property Council Survey showed confidence in Western Australian slid in the first quarter of 2017, a reversal from a slight jump in the final quarter of 2016. Confidence in Perth went backwards despite an increase  in sentiment across the rest of Australia. “These results confirm what we know – that’s it’s…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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