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Opinion of consumers on house prices in the next two years in Australia 2020

Published by L. Granwal, Apr 16, 2021
A survey conducted in 2020 among over two thousand Australians disclosed that 36 percent of respondents were of the opinion that their local property prices would continue to grow at a steady pace. Meanwhile, one fifth of the respondents shared the view that house prices would remain stable for the following two years. The two least popular opinions were two extremes, with respectively eight percent of respondents believing housing prices would either skyrocket or crash at some point.

Consumer sentiment towards house prices in the next two years in Australia as of November 2020

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Source

Release date

December 2020

Region

Australia

Survey time period

November 2020

Number of respondents

2,046 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

Original question: "What do you think is going to happen to house prices in your state of residence in the next two years?"

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