Housing Market Indicator

overall score, actual per Q1 2023

Housing Market Indicator

The Housing Market Indicator increased slightly from a 5.4 in Q4 2022 to a 5.5* in Q1 2023. The overall market sentiment remains negative.

In this quarter, the consumers quadrant showed an increase in confidence (+1.4) due to consumers being less pessimistic about the economy.

Furthermore, the economy and sustainability quadrants showed a slight increase in score due to economic growth and reduction in household carbon emissions.

On the downside, the score on the housing quadrant is slightly lower, mainly due to a decline in  transaction prices on the housing market (-2.4).