The end of ten years of real estate rises ?
18 Jul 2023For over 10 years, we've been experiencing uninterrupted growth in real estate values, with prices peaking following the Covid-19 pandemic, and every indication is that the increase will continue.
Three main factors are likely to drive up prices and rents over the next decade:
1. Firstly, falling interest rates will bring buyers back into the market.
2. Strong immigration will help maintain population growth, and hence the need for housing.
3. We have accumulated a housing deficit, and construction efforts are not sufficient to remedy it.
Overall, prices and rents are set to continue rising, which may be good for homeowners and investors, but more difficult for first-time buyers and tenants.
More than ever, real estate is proving to be profitable over the long term.
To find out more, read the following article : https://urlz.fr/mtAz