For the first time in months, three-month moving trend figures also show a drop in planned home purchases.
The November 2009 Israeli Consumer Confidence Index found that 7.7% of Israelis plan to buy a new or second-hand apartment, down from 10% in October. For the first time in months, three-month moving trend figures also show a drop in planned home purchases, falling to 8.5% of respondents in November, down from a peak of 10.3% in October.
The Consumer Confidence Index, compiled by Globes Research and Kesselman and Kesselman - PricewaterhouseCoopers Israel, also found that Israelis' apartment buying plans have been fluctuating for months, although until November, the trend figure had been rising.
Published by Globes [online], Israel business news - www.globes-online.com - on December 6, 2009
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