The “fun hills” of the real estate market: developer hysteria has been replaced by euphoria, but the fog on the faces of the builders has not disappeared | Deal



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For 2020, real estate analysts have forecast another record year. It probably would have happened if it weren’t for a few months in the spring.

According to experts, looking at the context of the pandemic and the performance of the housing market, 2020 is still a very good year. And stopping in the spring was not so noticeable and enduring everywhere.

“It just came to our notice then. In the apartment market, the monthly transaction curve fell below average until mid-summer, but then we also saw a recovery here, which grew to a record high in October. 15 minutes said Paulius Rudzkis, Acting Head of the Data Analysis and Solutions Department at the Records Center.

Raimondas Reginis, director of market research for the Baltics at Ober-Haus, a real estate services company, notes that the overall money market in the housing market in 2020 may even reach all-time highs.

“The largest amount of money in history has been spent on housing in Lithuania: more than 2 billion euros,” he said.

15 minutes Together with market experts, they reviewed how the real estate market performed in 2020 and how it stood out.



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