Without a doubt, the pandemic that we are suffering has changed our criteria when buying a home. Having been confined to our homes for weeks, the inability to go out, has made people who are thinking of buying a new home, have changed their purchase criteria.
How does this influence the price of housing? Well, let's take into account that we are in a market where the law of supply and demand sets the tone.
One of the first consequences is that prices in large urban centers, Madrid, Barcelona ... are going to go down. But like everything else, there are exceptions, since, for example, homes with terraces or gardens will raise their prices, since due to the pandemic we are looking for fresh air in our own houses.
In addition, another market that has been greatly favored is housing on the outskirts of cities, with gardens and less dense urban centers.
The second consequence of the pandemic is the tourist enclaves. Now there is no tourism, therefore there is no demand for housing, so prices will tend to fall, this can change radically if the vaccine becomes generalized and the door opens for us to travel and for foreign tourists to come to our country.
Undoubtedly, the evolution of vaccination will mark a new turning point in our habits and therefore in our way of life, so trends may change again.
At ASTONDO REAL ESTATE we help you value your home at its fair price so that the time elapsed from the start of the sale to the end of it is as short as possible