Melbourne market sentiment in significant anticipatory decline: REIV
Jonathan ChancellorDecember 7, 2020
Every month, the REIV surveys members on the current and future expectations of the performance of the market.
The questions asked include member opinions on the number of enquiries, settlements, listings, transactions, and sale/lease prices. This information provides insight on the sentiment within the real estate industry.
The REIV Property Market Sentiment Index experienced a significant decline of 6.4% to 117 in September, down from 125 in the previous month.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.