The respected Genworth Homebuyers Confidence Index which regularly surveys 2,000 respondents, in August hit its highest level since 2007. 49% of respondents said it is a good time to buy a house, an historical high for the index and a 10% increase on the March result. QLD was the most positive state, with a 54% positive result.

ANZ Bank’s Australian Housing Report just released says the market shows signs it is stabilising and sales results are improving, albeit from a low base. ANZ says the weak building approvals and shortage of houses will start driving prices up. They predict building activity will recover in the second half of 2013.

People looking to sell the family home to buy into a retirement village can be more optimistic about a speedy sale at a better price.