Propertybuyer self-confidence down from 2022

Weakened monetary status hits purchases People browse home and apartment offers at a current home fair. (Photo: Houseandcondoshow Facebook page) The propertybuyer self-confidence index in 2023 fell from last year as faith in participants’ monetary status deteriorated, leading to a understanding that it was not the right time to invest in high-value products, according to current researchstudy. Sumitra Wongpakdee, handling director of residentialorcommercialproperty researchstudy and consultancy Terra Media and Consulting, stated the customer self-confidence index in 2023 was 76, down from 80 in2022 “Consumers were pleased with the Thai economy, however self-confidence in their existing monetary status dropped compared with last year,” she stated. “Professionals were the just profession group expressing low self-confidence in their earnings.” Ms Sumitra stated one factor specialists may not buy homes next year was the skyrocketing rates. During the pandemic, some of them made more earnings than normal and may have currently bought a home in the past 2 years. Terra Media performed a study for the customer self-confidence index amongst 2,000 potential propertybuyers online from Oct 1 to Nov 8. Despite the drop, the 2023 index was greater th
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