Post by mdshamiul777 on Feb 11, 2024 23:39:15 GMT -5
As we already mentioned a few months ago, a reactivation of the sector is taking place in our country, which is being very unequal depending on the geographical situation of housing .
While in some areas of Spain there are Vietnam Email List thousands of homes for sale without much expectation of finding a buyer in the short term, others, however, are experiencing a shortage of supply, as is the case of large cities, especially Madrid and Barcelona .
The new construction developments that come to the market with already corrected prices and in very consolidated neighborhoods are generating significant interest that means that the homes are sold off plan in a short space of time.
This is the case of the recent promotions that have been put on the market lately, and especially in Madrid and Barcelona, where we could cite specific cases.
In our particular case we are witnessing a reactivation of sales in our completed developments and with even more success in our latest development in Madrid, Residencial Célere Arcentales , which in just a couple of months has already reached 50% of sales, the work being in an incipient state.
In this new scenario and if this trend continues to be confirmed, given the limited supply in large cities, there may be a warming in housing demand that could translate into an increase in prices and, consequently, in a significant imbalance between large cities and the rest of the towns, where it would cost much more to consume the stock.
It could be the case, and from our point of view it is not ruled out, that in the large cities there is an upward adjustment in prices, and yet, in the rest of the towns the price trend still maintains an adjustment to lowers it.
This circumstance, together with the decrease in the percentage of effort that families require when purchasing a home, the historic drop in interest rates and the reappearance of investors seeking profitability through renting (without there being any alternatives at this time). more advantageous) causes new demand to grow in addition to the existing retained demand.
As a consequence, everything indicates that the time has come to make decisions for all those who are undecided about purchasing a home. "If we leave it for later it can even cost us more."
While in some areas of Spain there are Vietnam Email List thousands of homes for sale without much expectation of finding a buyer in the short term, others, however, are experiencing a shortage of supply, as is the case of large cities, especially Madrid and Barcelona .
The new construction developments that come to the market with already corrected prices and in very consolidated neighborhoods are generating significant interest that means that the homes are sold off plan in a short space of time.
This is the case of the recent promotions that have been put on the market lately, and especially in Madrid and Barcelona, where we could cite specific cases.
In our particular case we are witnessing a reactivation of sales in our completed developments and with even more success in our latest development in Madrid, Residencial Célere Arcentales , which in just a couple of months has already reached 50% of sales, the work being in an incipient state.
In this new scenario and if this trend continues to be confirmed, given the limited supply in large cities, there may be a warming in housing demand that could translate into an increase in prices and, consequently, in a significant imbalance between large cities and the rest of the towns, where it would cost much more to consume the stock.
It could be the case, and from our point of view it is not ruled out, that in the large cities there is an upward adjustment in prices, and yet, in the rest of the towns the price trend still maintains an adjustment to lowers it.
This circumstance, together with the decrease in the percentage of effort that families require when purchasing a home, the historic drop in interest rates and the reappearance of investors seeking profitability through renting (without there being any alternatives at this time). more advantageous) causes new demand to grow in addition to the existing retained demand.
As a consequence, everything indicates that the time has come to make decisions for all those who are undecided about purchasing a home. "If we leave it for later it can even cost us more."