ING unveils its forecasts for this year’s real estate market in the “Soir”. Verdict? Prices should continue to rise, but much less than before. The increase is even almost nil if inflation forecasts are taken into account. Rates have started to rise.
By Cécile Danjou
TEveryone expects it in the world of real estate: in the coming months, the market should slow down. Or at least leave the frenzy known in recent years, particularly during the health crisis. A new study conducted by ING confirms the feeling on the ground and the figure. The bank’s analysts predict an average price increase of 5.4% for this year on an annual basis (compared to 8% in 2021). Honorable. Except that, this year, all prices are expected to grow by the same amount, with inflation expected to exceed 5%. “In concrete terms, this means that we expect real price growth which is close to zero, around 0.5% precisely”, comments Philippe Ledent, senior economist at ING. Worrying? Our interlocutor nuances. “It would be almost unhealthy for prices to continue to rise as they have for the past two years.
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