Weakened financial status hits purchases
The homebuyer confidence index in 2023 fell from last year as faith in respondents’ financial status weakened, leading to a perception that it was not the right time to invest in high-value items, according to recent research.
Sumitra Wongpakdee, managing director of property research and consultancy Terra Media and Consulting, said the consumer confidence index in 2023 was 76, down from 80 in 2022.
“Consumers were satisfied with…
