Posted on March 28, 2022.

Global real estate consultancy Knight Frank has released the latest edition of its annual ‘Global Buyer Survey’, providing an in-depth view of how the coronavirus pandemic is driving a shift in attitudes amongst home buyers. A round-up of the report’s key findings.

Not surprisingly, the pandemic is prompting many home buyers to move away from crowded city streets to more rural and country side locations. Those that can afford a move into a larger house (for example a villa) or more keen on the move compared to their pre-pandemic views.

Where to go?

Of the eight different location criteria Knight Frank asked buyers to rank in terms of importance for their next home, proximity to good schools and access to healthcare were unsurprisingly important; however, proximity to green space and good air quality topped the list of location features and are more important to home buyers in the Middle East than their global counterparts.

Original Post: https://www.consultancy-me.com/news/4404/pandemic-is-shifting-the-preferences-of-home-buyers

Merchant Policies