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Supply of New Housing Breaks One and a Half Decade Record

Newsroom by Newsroom
September 21, 2024
in Real Estate, Real Estate
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The supply of new housing has broken a decade and a half record, significantly restraining the rise in the price of new residential property, said an analysis by ingatlan.com.

According to their data, over 8,100 new apartments and houses were offered for sale in the country in mid-September, a level not seen in a decade and a half. The last time investors and real estate agents sold so many new-build properties was before the 2009 foreign currency crisis.

They stressed that not only the supply of new-build family houses has…



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