Analysis

The trend would likely continue during the first half of 2023, but would reverse in the second half according to BNP Paribas Real Estate Germany.

The threat of obsolescence over the next five years concerns nearly half of Emerging Trends in Real Estate, Europe 2023 survey respondents, even if other issues, notably construction costs, are front-of-mind in the shorter term.

One out of two citizens want to move from their place of residence and a quarter of them want to buy their own house or rent one for many years, according to the findings RE/MAX research.

The Attica region has contributed the delivery by comprising the project in the funding available from the PEP Attica 2014 - 2020 that exceeded €7 million.