Although home demand has picked up traction this year compared to 2009, buyers’ appetite for old apartments has remained unchanged. Thus, only 30% of Coldwell Banker’s customers are searching for a new home but a mere 10% are actually buying the property.
The structure of clients’ applications has changed, as the demand for commercial spaces, land and real estate projects have had a lower growth rate than the demand for apartments and villas.
“The structure of demand for old apartments versus new apartments remained relatively unchanged in 2010 compared to 2009, namely 70% for old properties and 30% for new ones. In terms of completed deals, the ratio is 90% to 10%”, Coldwell Banker said.
As for apartment prices, the residential market suffered a 30% decline in October 2008 – June 2009, but the launch of the First Home scheme slowed down the price decline.
Coldwell Banker Affiliates of Romania has eleven branches in Romania: eight in Bucharest and three in secondary cities in the country: Campulung, Brasov and Piatra Neamt. The latest unit opened by the real estate adviser is located on Ferdinand boulevard near Obor park and represented a total investment of €25,000.
Citeste si:
Calculator Salariu: Află câți bani primești în mână în funcție de salariul brut »
Te-ar putea interesa și:
![HR [PLAY] Tech Workout - 11...](https://www.wall-street.ro/image_thumbs/thumbs/973/973fe0a3888d417feff63de42e814180-260x260-00-65.jpg?v=1713504882)
