Confidence in Aussie market growing: survey

[SYDNEY] Underlying confidence in the Australian property market is growing despite a national survey released yesterday failed to identify clear evidence of a recovery.

According to the Master Builders' (MBA) National Survey of Building and Construction, increased building activity will not be triggered in the short term despite improvement in some key indicators, with investor confidence shoring up fundamentals in Aussie property.

Peter Jones, Master Builders chief economi…