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3/1/2024

Housing prices will not fall in 2024, the trend in the real estate market will be towards renting

In Romania, more than 95% of dwellings are owned by those who use them. That is why the sales market far exceeds that of rentals.
Housing prices will not fall in 2024, the trend in the real estate market will be towards renting
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Mortgage lending likely to decrease in the first part of 2024 compared to the previous year

Housing prices will not fall, because supply is getting lower and demand is still kept at a higher level than supply. Also, the high cost of building materials does not allow developers to give too large discounts on sale.

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date
3/1/2024
category
Media appearances
reading time
2 min
authoring
Laurentiu Stan has almost two decades of experience in the field of business valuations, tangible and intangible assets. Currently, it focuses on the development of two innovative concepts in Romania, Value Growth and Exit Planning Advisory. During his career, he has received certifications and recognitions from prestigious national and international valuation organizations, including Certified Valuation Analyst — CVA ™️ awarded by The European Association Of Certified Valuators And Analysts — EACVA ™️ and the title of Recognised European Valuer — REV® ️ awarded by The European Group Of Valuers' Associations — TeGova. He is also a member of the prestigious The Royal Institution of Chartered Surveyors — RICS and an ANEVAR Accredited Member (MAA) for the specialisation in Valuations of Enterprises, Trade Funds and Other Intangible Assets.
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