Anagh Pal18 Apr 2023, 13:48
Over half of those who consider real estate as an investment asset are millennials, focusing on personal use rather than investment. Concerns of timely project completion, ventilation and a study room are now priorities for surveyed homebuyers, with 90% unwilling to compromise on completion. Meanwhile, for more than 80% of property seekers, cost remains a significant factor. However, rate hikes and recent layoffs could dent housing demand, and if an interest rate increase occurs, nearly all prospective buyers reported that it will impact their decisions.