Interest rates on mortgages have risen recently, putting pressure on the real estate market - yet property prices continue to climb.
In atHome’s more recent publication, published on Thursday, the real estate group noted an increase of 2.4% for asking prices in the third trimester of 2022. The housing market therefore appears to be withstanding the worsening economic crisis.
Both new and old residential houses have become more expensive overall, with prices rising by 4% on average. The situation for apartments is somewhat more nuanced, with older properties rising by up to 6%, while new-build prices have dropped by 1%.
