{"id":17488,"date":"2019-03-14T13:17:06","date_gmt":"2019-03-14T00:17:06","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=17488"},"modified":"2019-03-14T13:17:06","modified_gmt":"2019-03-14T00:17:06","slug":"real-estate-sentiment-hits-46-year-low","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/real-estate-sentiment-hits-46-year-low\/","title":{"rendered":"Real estate sentiment hits 46-year low"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0The good news is that more homebuyers believe that now is a good time to buy a home<\/strong><\/p>\n

In the latest March quarter survey only 8.8 per cent of respondents thought the \u2018wisest\u2019 place to put new savings was in \u2018real estate\u2019 \u2013 a record 46-year low.<\/p>\n

The \u2018wisest\u2019 place for savings remains bank deposits (28.8 per cent of respondents) from \u2018pay debt\u2019 (26.3 per cent).<\/p>\n

Consumer confidence:\u00a0The Westpac\/Melbourne Institute survey of consumer sentiment index fell by 4.8 per cent to 98.8 in March after rising by 4.3 per cent to 103.8 points in February.<\/p>\n

The sentiment index is back below its long-term average of 101.3.The consumer confidence figures have implications for retailers, and other consumer-focused businesses.<\/p>\n

READ MORE VIA PROPERTY OBSERVER<\/a><\/p>\n

 <\/p>\n

https:\/\/www.instagram.com\/p\/BuUkQr6FdBp\/<\/p>\n","protected":false},"excerpt":{"rendered":"

  PHOTO:\u00a0The good news is that more homebuyers believe thatRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098519,478099570,478098535,478098513,478101743,478099125,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478104053,478104054],"class_list":["entry","author-data123nz","post-17488","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-home-ownership","tag-homebuyers","tag-house-prices","tag-property","tag-property-correction","tag-property-crash","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-real-estate-sentiment","tag-the-westpac-melbourne-institute-survey-of-consumer-sentiment-index"],"yoast_head":"\nReal estate sentiment hits 46-year low - 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