The initial reactions to the effects of the COVID-19 pandemic on the real estate market have been extremely emotional, but after two years we can see not only that most of the somber predictions never materialized, but that some sectors have had a surprising evolution during the medical crisis. We could learn from this experience by having a more pragmatic approach to the current geopolitical situation and be more reserved in issuing pessimistic predictions in regards to its effects on the local market”, Ilinca Timofte says, our Head of Research.
Discover here the market snapshot for the 1st quarter of 2022.