How the Economy Affects Real Estate? The overall economic conditions impact real estate prices. Economic conditions are measured by evaluating economic indicators, including, among others, employment data, GDP, manufacturing activity, and inflation. In general, if the economy is slow, real estate follows a similar trend. Some of the economic factors that affect real estate prices include: Interest Rates – Shifts
There’s no doubt that coronavirus has disrupted much of our daily lives. Just about every industry has been hit by the pandemic, and there’s no sure way of knowing the outcome. So far, residential prices have remained pretty steady, but many expert investors predict that will change. Similarly, the commercial real estate market has been significantly impacted by COVID-19-induced temporary