Analyst Pin-board: Real estate review: Busy times ahead
The first half of 2020 has passed with the spread out of the Covid-19 epidemic, affecting the overall economy and also changing consumption habits. Real estate businesses were also impacted. The limit on public gatherings has reduced the number of newly launched projects. Many companies also switched to online channels to improve their performance during the quarantine time. The most notable point during this period was that selling prices did not decreased and even increased in some cases. This could be explained by not only the limited supply but also high demand.
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