Property industry confidence levels remained close to record highs, according to the ANZ/Property Council’s latest industry survey conducted immediately prior to recent lockdowns around Australia.
The survey found national industry confidence to be at 139 index points for the June 2021 quarter, a slight decrease of 3 points since March. A score of 100 is considered neutral.
The survey found housing supply and affordability to be the most critical issue for federal and state governments to address.
“The survey results have found that housing supply and affordability have solidified as the key area that industry participants want the Federal and State governments to focus on for recovery,” Property Council Group Executive of Policy and Advocacy, Mike Zorbas said.
Mr Zorbas said confidence remained strong because national growth and jobs forecast in the May 2021 Federal budget exceeded expectations in previous quarters but sounded a note of caution on housing affordability.
To view the survey results in more detail, click here for the Property Council’s dedicated webpage.