proelopogoklasa 1f z 2LO w Gdańsku

mitamita853 · Dołączył: 10 Mar 2024 Posty: 1

Housing prices have experienced strong increases in recent years, but 2019 marked a before and after. In general terms, buying a flat today is still more expensive than yesterday since prices continued to grow during the past year. However, they did so at a much lower rate compared to the previous two years. 2019, therefore, was the year where the moderation in housing prices began to be noticed . But what will happen this year? Will there be a drop in housing prices in 2020 or, on the contrary, will apartment prices continue to grow? Let's see it.

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Year-on-year growth
Since the recovery of the real estate sector began in, the % growth in prices has increased year after year. But in the absence of confirmation of official data, everything indicates th will close with year-on-year growth of less than 5%. This means that prices will have grown less than in , which closed with an increase of 6.7%.

The fact that they have grown less i should not mean a drop in housing Romania Mobile Number List prices i. Prices have continued to grow and demand has been willing to pay for them. What many experts do maintain is that the era of high increases has come to an end .

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Lower housing pric or moderation?
There is a big difference between price moderation and falling prices . A price drop occurs when there is no demand willing to buy an apartment at current prices. The market acts accordingly and prices fall until the market rebalances. This is what happened inhen the real estate bubble burst. At that time no one was willing to buy an apartment at those prices and the value of the home was devalued. But is a 20 housing price drop possible ? Are we at the same point as i?

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According to many experts, the current situation has nothing to do w . The average price per square meter is still far from the value. The financial sector is much more prepared and the risk of a drop in housing prices iis small. After years of seeing demand and prices grow, what is most likely to come now is a stage of moderation . A moment where both prices and demand levels remain stagnant at current values or grow very slowly.

What explains this moderation?
One of the main explanations for the moderation in housing prices is that such a rate of floods was not economically sustainable. While salaries rose at an average rate of 2%, housing rose at 5% or more. This implied that the percentage of resources that families allocated to purchasing housing was greater each year. If this continues over time, families can no longer afford housing and demand falls. If demand fell, it would force the market to lower housing pricesntil the balance was balanced. For this reason, it is estimated that for 2020 the year-on-year variation in housing prices may be around 2% . An inflation similar to the CPI and the average increase in salaries.

Recommended reading: Real estate bubble : The ghosts of the past
Where can there be a drop in housing prices ?
In general terms, the average house price will continue to grow little by little while there will still be a demand willing to buy. However, in some parts of the state we have seen a drop in housing prices in . The demand for housing in rural areas is decreasing and this can force their prices downward. On the contrary, in large cities demand and prices remain the same.
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