In 2020the real estate prices can rise which can lead to crisis

The real estate prices are slowly increasing worldwide. This is connected with a number of factors. The most striking of them are the economic downturn and the emergence of new buyer demographic. According to the well – known pwc.com , many experts are worried about the increase of prices and explain that this can lead to a certain crisis in the field.

The slow but stable increase of home prices

According to the same source, the apartment and house prices will increase slowly bt this rise will be stable. One of the main reasons is the current unstable economic situation has constrained home sellers to hold on their properties. As a result, in the market there is a greater demand and consequently the prices rise. However, there is a remaining real – estate market segment that prefer newly – built homes. This will lead to 8% increase in new home construction.

Real – estate market tendencies in the USA

Pwc.com has drawn special attention to the following tendencies
• Housing sales in the USA has increased by 4.5% (as compared to the previous years)
• American spend 50% of their incomes on purchasing homes.