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7% of Real Estate Companies Increased their Activity During the Pandemic

According to a study by Fotocasa involving real estate experts, the decrease in volumes during 2020 has weighed down on results and the forecasts for 2021 are moderate.

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The Covid-19 crisis has led to a reduction in the volume of activity in the real estate sector. This has been confirmed by a study carried out by Fotocasa involving experts, who point out that 77% of companies have seen their business diminish since the outbreak of the pandemic: 42% confirm that volumes are much lower and 35% say that they are lower. On the positive side, 11% have maintained their activity and 7% have actually increased volumes.

Real estate companies have felt the crisis most in terms of the number of contact requests. 39% state that such requests have decreased a lot and 28% say that they have fallen slightly. In this case, small agencies have been hit the hardest with more than half saying that their contact requests have declined significantly.

Read the full article in Spanish.

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