Genworth logo Streets Ahead 8

90.8

National homebuyer confidence
decreases to 90.8 from 92.4

Cost of living remains the primary driver of mortgage stress for homeowners while concerns around underemployment is the main driver of mortgage stress for FHBs

28%

of homeowners struggled with
mortgage repayments in the past year

30% of homeowners also expect a similar struggle
in the next 12 months

1 in 3

Prospective FHBs are
struggling to save a deposit

Almost 60% of all surveyed estimate it would take them four years or more to save for a 20% deposit

71%

of prospective FHBs still
believe in the dream of homeownership

Up from 67% in September 2013

42%

of Australians believe
now is a good time to buy a home

Down from 46% in September 2013

*To print a copy of this table download the Streets Ahead – Edition 8 report
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