Top 5 Real Estate Sales Trends to Watch in 2022
Change in Consumer Sentiments
- Rising interest rates affect buying decision
- Increasing demand for budget homes
- Wide gap between demand and supply
- Developers offering homes of smaller ticket size to tap the demand
Change in Consumer Awareness
- Growing awareness of:
- Who to buy from?
- Which developer is more reliable?
- Which project is centrally located?
- Which project has better amenities at the same price?
Rising Costs of Development
- Rising demand of homes
- Rising construction material cost
- Rising labor cost
- Burden of increased cost passed on to home buyers
Increasing Role of Channel Partners
- Bridge the gap between home buyers and developers
- Match home buyers with the right property
- Provide end-to end real estate service
- Provide reliable sales service till possession
Improvements in Home Design
- Technology integration in homes
- Demand for:
- Smart homes
- Green homes
- Thematic homes
- Luxury homes