Today we release the results of the 2013 Daft.ie Consumer Sentiment Survey. The survey is the 2nd compiled and gives us valuable insight into the market's perceptions and intentions and how these have trended over the past year.
Some of the key findings from this year's survey include;
- An 8% increase of people intend to buy this year
- A majority of respondents (59%) now believe that national prices reflect good value
- The price that respondents expect to pay for their property is now on average €229K, down 6% from last year. This also represents a drop in the ratio of price expectation to household income, from 3.8 last year to 3.4 this year.
The survey also takes a detailed look at the main factors for people deferring purchasing a property, which types of properties are most sought and where people believe property prices will move in the next 12 months and 5 years.
The full report can be accessed here 2013_Daft_Consumer_Sentiment_Survey.pdf