Property Payment Trends: 2022 vs 2023
Property Payment Practices: Minimal Improvement Observed, 66.9 to 67.3 in 2022-2023
The Comparison
- 2022: 447 property companies assessed with an average payment score of 66.9 out of 100.
- 2023: 432 property companies assessed with an average payment score of 67.3 out of 100.
What This Means
The data reveals a negligible positive shift in payment performance within the property sector. With the average score increasing by only 0.4 points, the sector's overall payment culture remains largely unchanged. Given persistent concerns around rising costs and interest rates, any improvement, however small, is noteworthy.
Across 432 property companies, the sector increased by 0.4 points.
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