Expectations 2016 in the sale of luxury homes

2/8/2016 | Berta Esparza
Buyers at the beginning of 2016 maintain an attitude of prudence and caution compared to the situation of extreme optimism that was experienced in the first half of 2015. 

While last year the buyer made purchase decisions with total confidence in the future, and only the consolidation of a recovery in demand and a gradual rise in house price could be seen in the future, today there are many doubts as to whether or not this growth in real estate investment will continue. 

Buyers' doubts are motivated on the one hand by the geopolitical turbulences at a national level, which generate a situation of caution in purchasing decisions when negotiating a house. However, on the other hand, the tensions in the financial markets often generate in buyers the intention of preferring to shelter their investments in the "brick", causing the decision to "buy now" rather than "wait". This situation causes that today we are living a time of balance in sales, that is to say, a situation of sustained growth and investment with caution but investment after all.

We are betting on a year 2016 with growth in sales, sponsored by the growth of the economy, the credit facility and the existing liquidity in the market, but with a rational and contained demand for housing that will stabilize the existing prices.

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