“Real Estate Asset Price Index Report: Q1-2023 Analysis and Trends”

2023-05-20 08:27:48

In the first quarter of 2023, the real estate asset price index recorded a quarterly increase of 0.3%, covering price increases for land of 0.9% and goods for professional use of 1.1% and a fall in residential prices by 0.2%. At the same time, the number of transactions fell by 14.8%, reflecting declines of 17.3% for residential property, 10.6% for land and 3.7% for commercial property. .

Year-on-year, the real estate asset price index appreciated by 0.8% compared to Q1-2022, reflecting increases in the prices of land (2.0%) and goods for professional use (3. 7%) and the virtual stagnation of residential property prices (0.1%). As for the number of transactions, it marked an increase of 2.5%, covering increases of 3% for residential property and 3.5% for property for professional use and stagnation for land.

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