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Financial expert analysis: Industry development despite Corona, inflation and war - trend reversal in fixed interest rates and increasing real estate demand.
Industry suffers from Corona, inflation and warAccording to a report from www.krone.at, the real estate market is in a difficult phase. The challenges posed by Corona, high inflation, the Ukraine war and the KIM regulation are causing the market to falter. Nevertheless, there is a trend reversal, particularly in fixed interest rates, which have fallen by 1 percent since October. This means that customers are increasingly focusing on buying real estate instead of leaving their money in their savings account. Effects on the real estate market The market is suffering due to the factors mentioned, especially in large-scale residential construction. Customers' trust is weakened by the uncertainty regarding interest rate developments...
Financial expert analysis: Industry development despite Corona, inflation and war - trend reversal in fixed interest rates and increasing real estate demand.
Gemäß einem Bericht von www.krone.at, befindet sich der Immobilienmarkt in einer schwierigen Phase. Die Herausforderungen durch Corona, die hohe Inflation, den Ukraine-Krieg und die KIM-Verordnung bringen den Markt ins Wanken. Trotzdem zeigt sich eine Trendwende, insbesondere bei den Fixzinsen, die seit Oktober um 1 Prozent gesunken sind. Dies führt dazu, dass Kunden vermehrt auf den Kauf von Immobilien setzen, anstatt ihr Geld auf dem Sparbuch zu belassen.
Impact on the real estate market
The market is suffering due to the factors mentioned, especially in large-volume residential construction. Customer confidence is affected by the uncertainty surrounding interest rate developments. This leads to a slump in completions, but there is an improvement in the upper, high-quality segment. The demand for private real estate is increasing, which has a positive impact on the market.
Read the source article at www.krone.at