{"id":29993,"date":"2021-01-10T09:25:59","date_gmt":"2021-01-09T20:25:59","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=29993"},"modified":"2021-01-10T09:25:59","modified_gmt":"2021-01-09T20:25:59","slug":"most-aussies-believe-now-is-a-good-time-to-buy-property-but-are-they-right","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/most-aussies-believe-now-is-a-good-time-to-buy-property-but-are-they-right\/","title":{"rendered":"Most Aussies believe now is a good time to buy property, but are they right?"},"content":{"rendered":"

PHOTO: Aussies are more confident in buying real estate than they were pre-pandemic.\u00a0Photo:\u00a0Dion Georgopoulos<\/span><\/strong><\/p>\n

Two-thirds of Australians believe it is a good time to buy property, the highest figure since mid-2019, according to a new survey.<\/p>\n

Many people have quickly shrugged off doubts about the property market, and are more confident in buying real estate than they were pre-pandemic, the national survey of more than 23,000 people, conducted each month by comparison platform Finder, found.<\/p>\n

In April, as Australia was in lockdown and braced for what was expected to be the worst recession since the Great Depression, just 42 per cent of respondents thought it was a good time to buy real estate.<\/p>\n

Finder\u2019s international insights manager Graham Cooke said the public\u2019s perception of the security of the housing market took a huge hit as soon as COVID-19 arrived in Australian.<\/p>\n

\u201cNo one knew how deep this hole was going to be and its impact on the economy,\u201d he said.<\/p>\n

\u201cBut it was pretty quickly alleviated and now people are more enthusiastic about buying property than before [the pandemic].\u201d<\/p>\n

\"Do
The share of people surveyed who think it is a good time to buy property rose after the economy emerged from April\u2019s national lockdown. Photo: Finder survey<\/figcaption><\/figure>\n

The survey also found those who expect property values to \u201csomewhat increase\u201d is up to 44 per cent, from lows of 18 per cent in April.<\/p>\n

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