Le coronavirus infecte à peine les prix de l’immobilier résidentiel belge
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.