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Ernesto Ferrer-Bonsoms (Solvia): «We Expect 2022 to Close with 640,000 House Sales, Up by 13% vs 2021»

The Business Director at Solvia expects house prices to end 2022 between 3% and 5% higher year-on-year.

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Brainsre.news is gauging the opinion of the main players in the real estate sector as 2022 comes to an end and we head into 2023, bearing in mind that the new year is set to be marked by the uncertainty of a slowdown economic situation, recession in some European countries, interest rate hikes, high inflation and the on-going war in Ukraine. How is each one handling the situation? We kick-off with Ernesto Ferrer-Bonsoms, Business Director at Solvia.

Question: How would you rate the real estate sector in 2022?

Answer: Despite the scenario of economic uncertainty, marked by the conflict in Ukraine, inflationary pressures and the historical rise in interest rates, 2022 has been a dynamic year for the residential real estate sector, with a volume of transactions exceeding that recorded in previous years. As we await the publication of the official data, we expect, as we have referenced in our III Solvia Market View Report 2022, that 2022 will have closed with around 640,000 operations, up by more than 13% compared to 2021.

Read the full article in Spanish.

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