Real estate statistics indicate that prices are going to crash until 2025. The figures by the Unipol indicate exactly how the prices will hit this year and next year. Greycoat Real Estate is saying that they think the market is going to continue to drop, but it’s not quite as bad as what people would expect. 

There has been a silent property crash, and that’s because inflation is also stealing from the value of your house. There has been an average of 13.4% price fall because of inflation, so if you consider that, the crash has already happened. Greycoat adds that this year, the prices may hit another low of about 4.7%, which means a fairly significant drop might come in the new data.

Greycoat Real Estate affirms that inflation has been the fundamental problem as it has increased the price of plaster and timber affecting the general construction cost. Inflation picked above 11%, and the real estate and economy are struggling to regain control.

There’s speculation that the market will go down 2.4% next year, Greycoat real estate adds. If you are a property investor, you can find deals more than 10% below market value, add value to that property, and bring it up by around 20%.

According to Greycoat Real Estate, it would be best to buy below market value, as many sellers still have unrealistic expectations when looking to sell their property. Negotiate the house price as most sellers are looking to get the market rate from a year ago, and that’s not realistic as there are fewer buyers in the market.