TWO FACES: The year 2019 had two very different faces.
The first half of the year was characterised by a steady rate of sales, very similar to 2018, and prices remained largely unchanged. With regards to the rental sector, the first half of the year brought constant legislative changes, no new supply has been generated and, in some areas, prices have even increased.
During the second half of the year, economic and political instability had a negative impact on the market and for a couple of months, our sales suffered. There was greater legal stability in the rental market, despite more changes being introduced at the end of December.
And lastly, our final observation is that, for both rental and sale, the price sensitivity of the market is very high.