The latest Property Council – ANZ Property Industry Confidence Survey shows the Confidence Index for the June 2000 13/4 jumped from 107 to 124, its second consecutive quarter of growth:
- housing recovery: expectation for house price growth increased 17 points to a record of 124, continuing positive prospects for a housing recovery
- construction: residential construction activity expectations increased by the largest margin since the survey commenced in 2011
- funding: confidence in funding projects is now positive for the first time since 2011, increasing from 100 to 110
- forward work: expectations increased significantly, from 125 to 138