THE EXPERTS ARE CONCERNED ABOUT WHAT IS GOING ON IN THE RE MARKET

THE EXPERTS ARE CONCERNED ABOUT WHAT IS GOING ON IN THE RE MARKET

4 February 2014

Last year, according to the real estate excperts, RE market has been active as ever. According to them, it is natural that the introduction of the euro led people to unreasonable expectations, which led to buy more real estate than ever. But after the adaptation of the euro, peple often feels a “hangover”, when the enthusiasm wears off and the investmens in the real estate are made more carefully.

The Head of Newsec Reseach and Analysis Mindaugas Kulbokas, presenting the real estate market trends said that project developers are beginning to ignore many rules of the RE market.

The analysis of the statistics shows that the number of building permits for the construction of residential apartments is increasing rapidly.

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