Pinhome Research Insights
Get the latest insights on inventory, pricing, demand trends for buying and renting, and home financing dynamics here.
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MARKET REPORT
Written by
10 June 2024
Indonesia Residential Market Report 2024 Q1
Key Insights
2024 Q1
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High loan interest rates are putting pressure on the prices of second-hand homes.
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The Urgency of Utilizing VAT Exemption Incentives. Millennials' Preferences in Home Buying Demand.
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Surge in Mortgage Demand (QoQ); Consumers Remain Conservative in Financial Strategies.
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The high burden of home purchase loans is driving the demand for rental homes.
Pinhome Home Value Index (PHVI) and Pinhome Home Rental Index (PHRI) are metrics introduced by Pinhome to provide up-to-date information on home sale prices and rental price. Focused on the dynamic residential property market, these indexes offer reliable and easily accessible data for real estate industry stakeholders and policymakers. PHVI provides insights into home sale prices, while PHRI offers information on rental prices and their quarterly changes. Both indexes are designed to assist various parties, including home buyers, homeowners, and renters, as well as policymakers, in making better decisions.
Get the latest PHVI and PHRI insight here.![market report 2023](https://pinhome-web-assets.imgix.net/report-2023-outlook-mobile.png?w=1600&mark-alpha=0&fm=avif)