The Homeowners Sentiment Index for the first quarter of 2024 indicates cautious optimism in the property market.
Women and first-time buyers are now also considering buying rather than renting a home according to Absa’s Homeowners Sentiment Index for the first quarter of 2024 in a survey conducted among 1 149 respondents.The number of positive responses rose by 4% compared to the final quarter of 2023 and 9% compared to sentiment recorded a year ago. This quarter’s index also indicates healthy growth in sentiment across investors surveyed, surging by 6% compared to the previous quarter.
Investor sentiment increased by 6% compared to the fourth quarter of 2023, reaching the highest level since the first quarter of 2021.
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