Housing Market Anxiety: Westpac Survey Reveals Consumer Sentiment

Homebuyer sentiment plummets, while overall consumer mood improves slightly, according to the latest Westpac-Melbourne Institute survey. Housing prices dropping, interest rates rising, and new tax rules for property investors are causing anxiety. Older generations feel the most pessimistic, while Gen Z remains optimistic. Long-term economic outlook remains a concern for many, despite some immediate recovery signs in other sectors. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7a644f39c97470a8