Corona Residential real estate Disposable income Building autorisations Real estate prices

Will residential real estate prices go down badly because of the Corona recession? We see a lower supply, low mortgage rates, a largely stable demand and only a slight decrease in disposable income. Add to this a negative inflation of -0.4%. That combination leads us to a minimum decline of 1% for 2020 and stable real real estate prices in 2021. Of course, if our U-shaped scenario turns into a more protracted recession, price pressure will be mounting.


Koendeleus 1

Koen De Leus

Chief Economist BNP Paribas Fortis

Documents connexes

Bfw digitaal editie4 2020 08 artikel deleus