Now is a great time to buy a house say Aussies

Australians have started 2016 with a positive outlook on the housing market according to the January Westpac-Melbourne Institute Survey of Consumer Sentiment.

More people think now is a better time to buy a house than any time since midway through 2015. Westpac chief economist Bill Evans said the survey indicated more people were looking to enter the market in 2016 but those hoping for an interest rate cut to make things easier shouldn’t hold their breath.

Source: Broker News