An Overview of the Shift in Real Estate from 2016 to 2017!
The year 2016, if we look back, was an eventful year. Now, as we have stepped into 2017, it becomes critical to test the mood of buyers or investors for their aspirations and desires. Here are some of the important points that describe why and how real estate is expected to make turnaround in 2017. 1. 2017 will either stabilize the residential property prices or will escalate slightly : Past few months were static for the property prices as they remained stable and it can be gauged that this trend will continue. More than 25% of the property buyers expect the property prices to be stable in 2015. They feel that the past few months’ trend will follow this year too. More than 45% buyers of residential properties feel that the property prices will rise this year. Most of them expect it to appreciate even up to 10%. The buyers will experience some kind of relief in 2015 because on a yearly basis, more than 10% increase in property rates is expected. This is only one side of the ...

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