Sociedad de Tasación bet that housing meets another 15%

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Does it supports say that the market moving toward stabilization that some housing prices should still be cheaper between a? 15% and a 20% additional? Most experts and the director general of Sociedad de Tasación, Juan Fernández-Aceytuno, they consider that, What are two facts that coexist in time and showing that the housing market is slowly coming out of the worst crisis in its recent history.

"We are against" a situation of stability, not of recovery”, Fernández-Aceytuno said yesterday during the presentation of the last report made by the adjuster together with Planner, in which draws the new profile of the home buyer that attends to rooms as the SIMA in Madrid. In terms of what needs to happen from now on so that you can speak more openly of recovery across the market, the head of Sociedad de Tasación explained that there is still way to go.

Greater confidence

By is evolving the market appraisals, He said there are still many places where the houses need to reduce their prices between a 15% and a 20% additional so that the offer matches the demand. In fact, He recalled that only in those enclaves where sales are already significantly higher to the of a year ago and has become to build new promotions can talk about recovery.

In addition, said that he should continue the improvement of the mortgage securitization market After the first operation that was signed last June and consolidate the growth of the employment, the household income and GDP. "All the ingredients are produced demand react. What happens is that it now requires a greater confidence level, There are more prudently and the potential buyer has become aware that investment in housing is not infallible", argued Fernández-Aceytuno.

In this sense, Advanced that no one can speak full recovery in a market that still transactions carried out by foreign buyers and investors weigh more to which the plaintiffs of first home made, as a result of the creation of homes, or those who acquire a better House (as it was confirmed on Tuesday a study of Solvia). How long will take then to get this recovery? "Impossible to know it, Even though It will take years, not months”, had settled the director general of the appraiser.

On the other hand, report Planner and appraisal company that analyzes how is the profile of potential buyers who attend real estate fairs as SIMA reveals that the profile type is younger (fits in the segment of 25 to 35 years old), with greater confidence in the future, It has greater budget and looking for larger homes, as stated the general director of Planner Exhibitions, Eloy Bohua.

According to the report, in parallel, has increased the presence of buyers with more age whose main motivation is the of improve your current home or change the rental property.

Between the brakes that tend to prevent more operations to close down continues leading the price ranking, followed by funding and uncertainty about the employment situation.

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