๐๐๐๐ฒ๐ฟ ๐๐ฝ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ถ๐ป๐๐ฒ๐ป๐๐ถ๐ผ๐ป๐ ๐ฟ๐ถ๐๐ฒ ๐ฒ.๐ฎ%
Property buyers are showing increased interest in entering the market, according to a monthly report based on Commonwealth Bank and Google Trends data.
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The Commonwealth Bank Household Spending Intentions index showed that while home buyer spending intentions in March were 20.9% lower than the year before, they were 6.2% higher than the month before.
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That suggests that although the market is well off the peak of early 2022 โ when buyers were competing fiercely for property โ it appears to be gathering strength.
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โThe bounce in home buying intentions in recent months does coincide with home prices rising in March for the first time since April 2022,โ according to Commonwealth Bank.
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