Rebirth in 12 months for Europe
Unfortunately the newspapers speak clearly. The European but also the world situation is really critical. Covid-19 is literally transforming the market and often, as in the worst affected countries, also the economy. There is a conversion of economic activities that often succumb to make room for the protection of human health.
In all this, however, it is right to understand what the chances of economic recovery are in each country, and above all within how much recovery results can be obtained. In particular, according to the main economists, real estate still has a potential recovery margin, represented by the next 12 months. An answer therefore to an open question, which we had addressed in one of our previous guides. So how will we manage to return to a stable situation in Europe?
Let's try to understand the situation thoroughly. 75% of real estate professionals expect positive performances. How come so much optimism in a reality that instead is called a world pandemic? Everything stems from a simple questionnaire administered to real estate experts and sector economists.
About 90% of employees in the European real estate sector are now working through the smart working mode. An innovative formula is used for this emergency situation, which however seems to have given a new horizon in working terms. The same fact states that currently, their index of work competitiveness and stimulus for improvement has been increased, reaching a score of seven on a scale ranging from 0 to 10.
Despite the undisputed slowdown caused by the Coronavirus and the first days of adaptation to these new working situations, the real estate market seems to simply change shape.
We are confident - according to what was released by economists - since there has not yet been a total halt in investments or transactions. Making the European real estate market remain open and not in a phase of stagnation.
As for future forecasts about the performance of the international real estate market, the following were the weighted responses by virtue of a long-term economic-financial analysis.
- 1% of economists declared themselves optimistic in a (positive) performance of the real estate market in the following 90 days
- We find the same value over a time horizon of about six months
- 21% of the interviewees, on the other hand, declare themselves extremely confident if we consider a period of time that will end by the end of 2020.
And the real estate experts?
To them a much higher percentage of optimism! Let's talk about 38%! A considerable value that bodes well for a real recovery in the sector.
Although there is no lack of worries, the situation bodes well. An initial global economic recession will materialize which, however, as such, will lead to a general leveling.
An actual improvement in the situation is therefore expected. In the meantime, we will always update you on our portal.
In all this, however, it is right to understand what the chances of economic recovery are in each country, and above all within how much recovery results can be obtained. In particular, according to the main economists, real estate still has a potential recovery margin, represented by the next 12 months. An answer therefore to an open question, which we had addressed in one of our previous guides. So how will we manage to return to a stable situation in Europe?
Let's try to understand the situation thoroughly. 75% of real estate professionals expect positive performances. How come so much optimism in a reality that instead is called a world pandemic? Everything stems from a simple questionnaire administered to real estate experts and sector economists.
About 90% of employees in the European real estate sector are now working through the smart working mode. An innovative formula is used for this emergency situation, which however seems to have given a new horizon in working terms. The same fact states that currently, their index of work competitiveness and stimulus for improvement has been increased, reaching a score of seven on a scale ranging from 0 to 10.
Despite the undisputed slowdown caused by the Coronavirus and the first days of adaptation to these new working situations, the real estate market seems to simply change shape.
We are confident - according to what was released by economists - since there has not yet been a total halt in investments or transactions. Making the European real estate market remain open and not in a phase of stagnation.
As for future forecasts about the performance of the international real estate market, the following were the weighted responses by virtue of a long-term economic-financial analysis.
- 1% of economists declared themselves optimistic in a (positive) performance of the real estate market in the following 90 days
- We find the same value over a time horizon of about six months
- 21% of the interviewees, on the other hand, declare themselves extremely confident if we consider a period of time that will end by the end of 2020.
And the real estate experts?
To them a much higher percentage of optimism! Let's talk about 38%! A considerable value that bodes well for a real recovery in the sector.
Although there is no lack of worries, the situation bodes well. An initial global economic recession will materialize which, however, as such, will lead to a general leveling.
An actual improvement in the situation is therefore expected. In the meantime, we will always update you on our portal.
