How has the housing market since the beginning of the crisis, caused by a coronavirus

The real estate market is quite inert, so the reaction to changing realities often comes much later that the moment when they occurred. Experts of investment company Garnet told about the main market trends that have emerged in the industry now.

The first trend, which is celebrated around the world, the growing interest in real estate. This is largely due to the fact that people who keep money in rubles trying to save them buying a square meter. In the same trends and note the increase in demand for investment property. Since the beginning of the year the number of applications increased by 60-70%.

The second trend to note, and we and the bankers, the growth in the number of requests for provision of "mortgage holiday" and "viral mortgage holidays".

The third trend which is apparent now, that the increased consumer interest in remote transactions.

"If in the primary housing market, such transactions are already the norm, then the secondary market are customers new. So, to implement such scenarios in this segment there are a number of limitations. Therefore, if the transaction is in the chain, i.e. there are multiple participants, then there's either by proxy or in person. In such operations usually laid in the cell and there must be people or signers or owners", – said the co-owner of investment company Garnet Catherine Sivova.

The expert also added that another trend has been the rapid growth in demand for rental of suburban housing.

Source bkn.ru