‘Homebuyers are conscious’: Consumer sentiment drops to lowest rate since 1970s

REA Group Senior Economist Eleanor Creagh weighs in on the consumer sentiment across Australia. “Certainty, all unknowns at the moment … potential homebuyers will be very conscious of I think,” Ms Creagh told Sky News Australia. “We’ve seen the consumer sentiment is around the lowest since the 70s, so not surprising to see those auction clearance rates pulling back, particularly in Sydney.” In partnership with realestate.com.au