Are prices expected to start falling, and how does the crisis in the markets affect the companies in the industry?
The real estate market is turbulent and the rising interest rate creates a new era for all those involved in the industry.
On the one hand, the number of transactions is in sharp decline, and the sales offices no longer see the large traffic that has plagued the past few years.
On the other hand, the price increase is breaking records time and time again, and the cooling in the field does not seep into the bottom line, at least for now. Even in the office industry, very high occupancy rates are currently being reported, and they are even earning more thanks to the linkage to the consumer price index, which broke a 14-year record.
Where is the real estate market going, are prices expected to start falling, and how does the crisis in the markets affect the companies in the industry?
Only time will tell