StableReason: Buying behaviour and spending pattern of the market is affected. Some people might change there preference on how they buy and sell a real property however value might stabilize since there will still maintain the demand for real property but just affected by change of behavious of the people.
|Choices||A lot down||Somewhat down||Stable||Somewhat up||A lot of increase|
|Rental housing & rental apartments|
|Owner-occupied apartment or condominiums|
|Detached houses, rowhouses or low-rise residence|
|Residential land subdivision|
New normal in real eatate is the concept of integrating improving new standard of health and sanitation in property management and new approach of value proposition in narketing real estate.
By following the new normal standards as designed by the government and ensure to observe health protocols
Academic, Agent / broker, Appraiser / Valuer