PHOTO: More Sydney homeowners believe house prices will drop over the next year. Photo: Peter Braig
Australians are feeling more positive about property price growth but are still worried about affordability, a national survey of first-home buyers, owner-occupiers and investors shows.
The number of people expecting house prices to rise has risen across the country, ME Bank’s quarterly Property Sentiment Report for the June quarter, released on Tuesday, shows – with 38 per cent of Australians expecting house prices to rise over the next 12 months.
This was up from 32 per cent in the March quarter.
The survey showed that while overall sentiment was improving in Australia, some states were still holding negative outlooks when it came to property values.
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