More transactions in May 2022 than in May 2021. The rise in rates, already real, but which will rise further, is not for nothing…
The real estate market was very active in January: nearly 9% more compromises were signed at the start of 2022 than a year earlier. Then, the situation stabilized: in February (-0.1%), March (-1.3%) then April (-6.8%), there were fewer movements and fewer compromises. “We are returning to normal times”noted the experts, at the end of April. “Buyers can renegotiate the price of their property”, whispered the notaries. But this cooling turned out to be very short-lived…
Because despite the unfavorable economic context (war in Ukraine, inflation, rising energy prices), against all expectations, the new real estate figures again show an increase, and this, in all regions of the country ! In May, 4.2% additional compromises were signed in Brussels, 3.9% in Flanders, and the increase was a little more limited in Wallonia: 1.3%. In total, in the territory, real estate activity was 3% stronger in May 2022 than in May 2021.