This is the price update for June 2020. And the most exciting thing is that everything goes as planned.
As I posted in the beginning of May, the price drop for the first recovery month was expected to hit the 6-13% mark.. Which came true as most of the surveyed experts recognized that the sell price at the beginning of the June was reduced by 5-15% below asking price.
Now we also have data about the actual asking price. And guess what? On average it has dropped 5.2% since March.
Further insights from data reveals that price drops more readily for less demanded and less priced areas. Whether most expensive stays more stable. More than ever people want to be close to the beach. 🙏
Wish you a great day. ♥ Smile & Be present! 🐝 Invest in Price comparison & Real Estate ♥