Housing prices in Minsk until the end of the year may lose about 3%, according to our forecast, Dep

Capital estate "lose weight" for another 3-5%?
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Housing prices in Minsk until the end of the year may lose about 3%, according to our forecast, Deputy Director of Sales in the secondary housing market of real estate estimate house value "Your capital Svetlana Kudelko. However, estimate house value some analysts predict that the price tags on December standard metropolitan housing can "sag" even more - up to 5%.
Try to understand the veracity of such forecasts. Recall that the growth in real estate prices peaked in September. And since October cost per square meter of second homes began to decline. Experts estimate house value predict that this trend will continue in the last month of the year. The fact that now offer the housing market exceeds estimate house value demand, and the number of transactions decreased. The volume estimate house value of demand today depends on the availability of housing loans. "If in the summer on the secondary market people estimate house value are actively attracted home loans, now the situation is quite the opposite," - said Svetlana Kudelko.
The slump in the housing market estimate house value has led to the establishment of clear criteria for price differentiation, when the price of the "square" is increasingly dependent on the type and location of the apartment. Today to sell your property, apartment owners are often forced to reduce prices to meet buyers. Now the difference between the bid price and the transaction price on the secondary market at an average of about 10%. At the same time, if the declared price for the apartment initially estimate house value meet the market trend, it will be sold quickly and almost without bargaining, the specialist said.
The situation suggests that it is most advantageous to implement a residential facility until the end of the year. "It is understood by many sellers and so actively compete for customers. Wait and see attitude among potential sellers threatened last even greater decrease in the market value of their own homes. estimate house value Several months of exposure apartments will cost intractable seller a waste of time and money. Guaranteed to sell an apartment, you need to be able to anticipate changes in its market value ", - explained the expert.
Most transactions on the secondary market estimate house value are "chain", in which the seller of the object instead of looking for an apartment. By such a scheme is currently being implemented to 80% of the transactions. On the "incident" market decide housing expansion easier, because it reduces the delta, which is necessary to pay for the move to a more spacious apartment.
However, in the "chain" is generally present over two vendors that considerably complicates the solution. Pick favorable option instead of an apartment, which is on sale, you can quite quickly. "On the" incident "market are of particular importance maximum coverage of potential buyers, negotiate the day of treatment and operational support of transactions. With the right approach estimate house value to sell the old and buy a new apartment in just a few days ", - said Svetlana Kudelko.
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