Doom and gloom at the Property Council

Sydney Building

The latest Property Council/ANZ Property Industry Confidence Survey shows a shift in sentiment from 111 on the index for the March 2014 quarter to 103 for the June 2014 quarter. A score of 100 on the index is considered neutral.

The quarterly survey polled approximately 2,500 property industry professionals across all Australian states and territories on their forward-looking views regarding the business and political environment, the economy, employment intentions and other factors.

Property Council ACT Executive Director, Catherine Carter, says the latest survey shows ACT property industry sentiment has slipped from more positive territory reported in the March 2014 quarter.

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