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Tecnocasa: prices of residential properties are expected to decrease further

30 March, Il Sole 24 Ore

All the experts agree that coronavirus will heavily impact residential transactions. Tecnocasa forecasts a further decrease in price trends. Investments in holiday homes will likely reduce, although they might be repurposed as traditionally rented properties. The overall uncertainty of the economy prevents households from making important investments such as buying a house. For this reason, banks will have a crucial role by issuing credit once the pandemic is over.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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