The latest RP Data-Nine Rewards Survey of housing market sentiment has revealed consumer confidence is high in the property sector, which will be positive news for anyone looking to invest in Morningside real estate.
Almost 84 per cent of respondents in Brisbane said it's a good time to buy a home in the current market, which is 10 per cent more than the national average.
Interestingly, not a single person surveyed in the Northern Territory believed that it was a good time to be buying a home, showing a huge gap in buyer confidence between the states.
Over half of those surveyed cited their own financial situation as a factor in deciding to buy a house, which suggests Brisbane buyers are currently confident enough in their financial situation to consider a purchase in the near-term.
Buyers are also interested in the potential capital growth of the housing market, along with variations in the interest rate.
However, just over half of survey respondents believed house prices will rise over the next six months, so if you are interested in houses for sale in Morningside now may indeed be the best time to buy.
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