According to a new survey, two-thirds of Australians believe that now is a good time to buy a house, the highest level since mid-2019. The investigation found that many people quickly got rid of the gloom of the real estate market and were more confident in buying real estate than before the epidemic. This monthly national survey is conducted by the comparison platform Finder with more than 23,000 people. In April last year, Australia entered the lockdown and prepared to deal with what is expected to be the worst recession since the Great Depression. Only 42% of the respondents believed that it was a good time to buy real estate. CommSec chief economist Craig James said that the outlook for national real estate is encouraging. He said, “Currently, housing prices are rising no matter where you go. Last month, housing prices in only two of the 88 areas fell. This is an amazing result.” But experts warned that if the border continues to close, The number of immigrants and international students has fallen, and the prices of inner-city apartments may continue to fall this year, especially in Melbourne and Sydney. James said that there are two main factors at work in the real estate market: interest rates and job security. He said, “The central bank is basically saying that the cash interest rate will remain stable within 3 years, which gives people a certain degree of confidence. I think whether you are an owner-occupier or an investor, this is exciting. “The unemployment rate in Australia is also expected to reach its peak, which is far lower than initially expected. https://www.domain.com.au/news/most-aussies-think-now-is-a-good-time-to-buy-property-but-are-they-right-1017335/?utm_campaign=strap -masthead&utm_source=smh&utm_medium=link&utm_content=pos5&ref=pos1
