House buyers worried about getting fiinance

Wed, 02 Feb 2022

A net 16% of real estate agents are saying house prices are falling in their areas and a net 89% said a key concern of buyers is their inability to get finance.A net 69% said buyers are also worried about rising interest rates.Economist Tony Alexander's latest survey of 385 agents also found fewer of both first-home buyers and investors in the market – a net 65% reported seeing fewer first-home buyers and a net 57% reported seeing fewer investors."Buyer urgency has evaporated, although to a lesser extent than elsewhere in Northla...

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