
Despite extreme volatility in global financial markets and plunging equity prices, the third party distribution channel remains bullish about the economy and the Australian property market.
According to The Adviser’s latest quarterly sentiment survey, 72 per cent of brokers believe the property market represents good value to buyers over the coming quarter.
Of the 225 respondents, just 14.2 per cent had a negative perspective of the property market, while the rest remained unsure about the future.
Money Warehouse’s Andrew Cusack said while a lot of potential home buyers prefer to sit on the sidelines at the moment, there was still a fair amount of activity in the market and a lot of great buying opportunities.
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