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
Wearing masks , using gloves, Social distance And limited access. Video showing and few in person meetings
Fewer meetings. Work remotely from home
Property Investor, Agent / broker, Other Property Consultants
Reason: We already saw reduction last year and many properties already took this into consideration in their pricing. TheRe are additional reductions but they are small in comparison. Overall when combined they are 20-30 % off of original prices.