Property owners in Australia are facing a new challenge when it comes to purchasing and selling their personal property: the NMEA.
A survey of 1,000 property owners by Property Weekly and Property Australia found that 58 per cent of respondents believed they could no longer sell their property for a low price.
The NMEI survey found that most people (56 per cent) were still unsure how they could sell their properties for a lower price.
A further 29 per cent believed they should sell for a higher price.
This survey found most property owners were worried about the future value of their properties (73 per cent), while a third (34 per cent%) believed they would be better off keeping their properties.
This is a snapshot of the responses of the 1,010 property owners surveyed by Property Week.
The survey was conducted from March 3 to 5.
In addition to the survey results, the NFA released an updated property listings guide that covers the latest developments in the property market.
This guide outlines the latest news in the Australian property market and provides an overview of how to buy, sell and protect your home.
In this guide, property owners are advised to read the guidelines before deciding to buy or sell.
This new guide is a comprehensive guide to help property owners determine the best investment options for their properties, including the best asset classes to invest in.