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Aedas Forecasts an Increase in the Price of New Build Homes

The listed property developer forecasts that the drop in production due to the health crisis will trigger a rise in the price of new homes, although it also predicts a reduction in the price of second-hand homes.

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Aedas Homes, the property developer created by the US investment fund Castlelake, predicts that the drop in production as a result of the Covid crisis will trigger a rise in the price of new build homes in the mid-range segment.

In this way, the General Business Director at the real estate firm, Alberto Delgado, explained in an interview with Europa Press that he rules out a decrease in the prices of new build homes in those cities where it has a presence.

Read the full article in Spanish.

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