Real estate still a rock-solid investment

 

2020 will go down in history as the Corona Year.  

The world was shaken to its foundations, both humanly and economically, by this worldwide pandemic. The real estate market in Flanders was also hit hard, partly because of the economic uncertainty but also because of the lockdown, which meant that visits to places were prohibited.

 

Fortunately, it now appears that this effect was only very temporary. Despite the rising prices, the number of transactions continued to rise month after month. According to KBC, this positive trend continued into the first six months of 2021.

 

Real estate has once again proven to be very resilient to economic setbacks. 2020 closed with an average price increase of more than 5% and the demand for real estate remains strong. Given the economic conditions, this is a very good result and therefore a secure investment for the future.