The Belgian distraught in the face of rising property prices: “We do not expect a drop in prices”

After months of frenzy since the end of confinement, we see that the number of real estate transactions is down in the first half of the year, despite a further increase recorded in May. Does this also translate to the number of credits, the amount borrowed, the credit applications made in recent weeks?

“After a slight slowdown in credit applications at the start of the year, a fairly logical trend in view of the last few months during which the real estate market was bubbling. Since then, the market has caught its breath and we are now seeing a recovery in applications , no doubt punctuated by the fear of a sharp rise in interest rates and the continued rise in commodity prices.As far as prices are concerned, there is therefore a set of communicating vessels between interest rates and real estate prices.

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