Choices | A lot down | Somewhat down | Stable | Somewhat up | A lot of increase |
Agricultural land | |||||
Urban land | |||||
Office | |||||
Shopping | |||||
Industrial properties | |||||
Hotels | |||||
Resort properties | |||||
Rental housing & rental apartments | |||||
Owner-occupied apartment or condominiums | |||||
Detached houses, rowhouses or low-rise residence | |||||
Residential land subdivision | |||||
Retirement living |
2021
New normal in real estate means that everything will be the same like the situation before covid but a little bit restriction about how buyer and seller managing transaction of property can be challenging.
Adapt to the market situatuon is important ... there is still oportunity that we can use like technology video conference in marketing property i thnk is in demand.
Appraiser / Valuer
Reason: Because the situation is only temporary even there is an economic downturn .... and the demand will increase or stable after covid19 ...