[ad_1]
This means that in the shortest month of the year, on average, almost 26 homes were sold for each of the 28 calendar days, and if only 19 business days were evaluated, almost 38. After establishing the theoretical arithmetic and estimating that the He has 8 hours of work a day, it turns out that 4.75 new homes were sold every hour.
“We have seen a particularly active market since last fall: neither the quarantine nor the winter holidays have stopped growth.” On the one hand, the current results, in my opinion, correspond to the real opportunities of Vilnius and the “capacity” of the need for housing: the population of the city is growing, the livelihoods too.
On the other hand, judging by the circumstances created by the pandemic, such a pronounced increase in the number of reservations is due to the avalanche of buyers. This assumption is possible thanks to the results of a survey commissioned by Citus last fall, which shows that the importance of almost all the observed housing selection criteria has decreased ”, emphasizes Šarūnas Tarutis, Head of Investment and Analysis at Citus.
When buying a house, the specialist advises to carefully and responsibly assess not only your financial capabilities, but also the long-term liquidity of the chosen purchase (opportunities to sell it in the future, added value, project solutions), the reliability of the Project developer.
“Currently, it is not easy to do so, because the” warehouse “of new houses (the number of houses offered to buy), and therefore the choice is running out – at the end of February, it consisted of 4,527 apartments and cottages in Vilnius. In January, this number was almost three hundred more: 4,812.
The Kaunas market remains calm and its difference with the capital continues to grow. Analysts estimate that demand from Lithuania’s two largest markets currently differs up to 7-8 times, although a year ago the difference was 5-6 times.
99 new homes were booked in Kaunas in February, more than in January this year (75) and almost double the same period last year (56), but less than for the most successful primary housing market in Kaunas in 2019. (135).
