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Covid-19 is changing the sentiments of prospective homebuyers

covid-19 2020 pandemic
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livemint.com:

Deciding to buy a house, especially your first one, is perhaps one of the biggest decisions you will make in your lifetime.

However, covid-19 has disturbed or changed these plans of many prospective homebuyers who were planning to buy a house around this time.

A survey by magicbricks.com, a real estate portal, titled “Property Buyer Sentiment Survey", states that, “about a third of buyers are wanting to put their purchase plans on hold and as many as 75% respondents are planning to decrease their budget for home buying." Close to 1,900 respondents from across the country, aged between 24-67 years, participated in the survey, which was conducted online in the second half of April 2020.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
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Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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