Genworth’s Homebuyer Confidence Index report, Streets Ahead, is released biannually and outlines the changing attitudes and confidence levels of Australian Homeowners and Non-Property Owners about their mortgage and the overall property market.
Streets Ahead: Edition 10 – March 2015
Genworth's Homebuyer Confidence Index rises to 99.2 in March from 98.1 in September 2014.
Some of the highlights include:
- FHB confidence increased to a record high of 102.1 in March 2015 from 98.4 in September 2014
- Homeowners who believe that now is a good time to buy increased from 41% to a record high of 52%
- The time taken to source a deposit has decreased as the proportion of First Homebuyers using non-savings sources for their deposit increases from 46% of buyers in 2009 to 57% of buyers in 2014.