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Survey: Consumer confidence rallying

Survey: Consumer confidence rallying

Research firm sees positives for housing

An artist’s rendition of a single detached house project by Property Perfect Plc. Housing demand is expected to improve as consumer confidence rebounds.

A consumer confidence survey showed a large uptick in March from December 2021, with one possible outcome an increase in housing demand going forward, according to property research and consultancy Terra Media and Consulting Ltd.

Managing director Sumitra Wongpakdee said the overall index of 200 respondents in March rose to 85.4 from 75.6 in December 2021.

“The majority in seven career groups were confident about the future, particularly their financial…

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