The Central Bank's Household Expectations Survey Revealed a Change in Investor Preferences

The Central Bank's Household Expectations Survey revealed that there has been a change in investor preferences. While interest in gold decreased due to price fluctuations in gold, investors turned to real estate and time deposits. While the rate of those considering investing in gold decreased from 52 percent to 40 percent, the rate of those who preferred real estate and time deposits increased.

Details are in the news of Kübra Aydın and Burak Yılmaz. The Central Bank's Household Expectations Survey revealed a remarkable change in investor preferences. While the fluctuating course of gold decreased the interest of investors, real estate and time deposit accounts began to be preferred more.

Interest in Gold Declined While the rate of those who chose gold as their investment choice at the beginning of the year was over 52 percent, this rate decreased to 40 percent in July. Thus, there was a significant decrease in investors' interest in gold. Posta Newspaper Economy Manager Bilal Emin Turan stated that there has been a significant decline in the rate of those who prefer to invest in gold recently, and the rate of those who say they would invest in gold decreased by 4 points.

Recently, real estate prices have been increasing below inflation. This creates an opportunity for investors who want to buy real estate and have savings. He said.

Tendency towards Real Estate Increased. According to the Central Bank's survey, the rate of those who see real estate as an investment tool was 37.1 percent in June, and increased to 38.5 percent in July. It is considered that investors have started to direct their savings to real estate due to the relatively low increase in housing prices. Interest in Term Deposits has IncreasedHigh interest rates also had an impact on investors' preferences.