go Back 2021 Interview of 429 Experts around the World on Covid-19
When will the property markets recover after Covid-19?
Sector Answer
Agricultural land
Quarter 1/2021
Urban land
Quarter 1/2021
Office
Quarter 1/2023
Shopping
Quarter 1/2023
Industrial properties
Quarter 3/2021
Hotels
Quarter 1/2023
Resort properties
Quarter 1/2023
Rental housing & rental apartments
Quarter 1/2021
Owner-occupied apartment or condominiums
Quarter 1/2021
Detached houses, rowhouses or low-rise residence
Quarter 1/2021
Residential land subdivision
Quarter 1/2021
Retirement living
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Overall Assessment for your country
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What are ‘new normal’ in real estate in your opinion?
The pandemic accelerated a process that was already developing at a slower, but persistent pace – namely, the digitalization of the markets (including the Real Estate market). The sales methodology and also the procedures for formalizing sales are increasingly digital. The internet has taken the space of the real estate agent. Sales are executed online, without paper. The prevailing profile of today's buyer, a generation born during the digital revolution, helps a lot to consolidate this format.
How should we adjust ourselves in real estate business?
Whoelse is not skilled yet with the digitalization shall get adapted to deal with this.
Which sectors are you in? (multiple choices)