These are the forecasts for home sales in the third quarter

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During 2023, fluctuations in the housing sector have been constant and sales have remained stable, although with slight reductions. What will happen in the third quarter?

Experts distinguish between various parameters such as new and used housing, and also between the purchase and sale of homes for own use and investment homes. As for the former, Iñaki Unsain, a leading Real Estate Personal Shopper (PSI) in Barcelona, ​​considers that the difficult access to financing will not subside in the short term and therefore there will not be an increase in the purchase and sale of residential homes. own. "However, at the investment level I consider that it will go well and will remain at the level of these first quarters of the year."

The increase in financial costs and the difficulty Cambodia Telegram Number Data on the part of buyers, especially first-home buyers, in accessing financing causes the number of sales and purchases to decrease month by month and will surely continue to do so in the next quarter. This is how Unsain sees it, how much? It is considered that it can approximately reach up to 15%.

Demand for new construction housing
From Aedas Homes they point out that the housing market, and especially that of new construction housing, is experiencing a moment of normalization of sales after the large increase in operations that has been experienced in recent years post-COVID-19. The demand for new construction housing continues to be much higher than the supply and this imbalance is currently translating into a good sales rate, very similar to last year.



"In the same way, there is a change in the buyer profile, of a higher price. We are talking about a replacement client or one who is looking for a second home on the coast. Is the increase in rates affecting it? Obviously, yes. But there are "We must take into account that this is the sixth time that the Euribor is above 4%, so we can say that we are in a moment of transition in which demand is in the process of adapting to this reality."

Areas with higher transactions
Unsain is of the opinion that those areas where there will be the greatest purchase and sale of homes are in investment, the main cities , although he does not consider that we are going to see a paradigm shift in this sense at a general level.

In new housing, the sale of construction will continue to concentrate in the most economically dynamic markets such as Madrid and its metropolitan area . Aedas Homes also places the metropolitan crown of Barcelona - in Barcelona there is hardly any offer -, Alicante, Valencia, Seville or Palma de Mallorca. And also in beach areas such as the entire Costa del Sol, the Balearic Islands or the Canary Islands.