Financial Express-Real estate confidence holds steady amid market adjustments: Report
The 43rd edition of the Knight Frank – NAREDCO Real Estate Sentiment Index Q4 2024 (October–December 2024) report reflects cautious optimism among real estate stakeholders. Both the Current and Future Sentiment Scores remain above the optimistic threshold of 50 but have corrected downward from the previous quarter, influenced by global economic shifts and stakeholder concerns regarding economic growth.
The Current Sentiment Index Score declined to 59 in Q4 2024, down from 64 in Q3 2024, indicating a measured adjustment. Similarly, the Future Sentiment Score corrected to 59 in Q4 2024, compared to 67 in the previous quarter. Despite these corrections, both current and future sentiments remain firmly in the optimistic zone, underscoring continued confidence in the sector’s long-term prospects.
