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Actuality
jac | Jan. 14, 2019, 1 a.m.
Despite the forecasts of a slowdown in the economy and the tension between public and private players, the real estate sector is struggling to reach that bullish streak that began two years ago. But for this, the real estate world must face challenges within Real Estate for this 2019:
The figures for 2017 and 2018 for real estate developers corroborate that it has been a time of a large number of sales and whose large cities, Madrid and Barcelona, have raised their prices to double digits.
According to experts, this trend will continue in 2019 and increases in residential costs will range between 4% and 6% on average. Sources such as Cbre or Tinsa confirm that the number of operations will increase by 5%, reaching over 625,000 transactions.
The real estate sector is preparing to reach a point of maturity in which large peaks of activity are not expected, but progress in the delivery of homes and an increase in the speed of processes prioritizing to the client at all times.
The proptech has already shown in this 2018 that it is here to stay and one of the great challenges of real estate for 2019 is precisely the fusion of both concepts 100%. A large number of companies in the real estate sector, among which we include Merkel Capital as a real estate developer of new construction in Barcelona; mobilizes and begins to transform its processes by digitizing the processes, as well as adapting to the client's way of communicating and buying.
Tools such as Big Data, artificial intelligence and Business Intelligent begin to automate processes and collaboration with start ups has reached a key point for companies in this new year 2019.< /p>
Currently, only 30% of companies invest or have plans to invest in emerging technologies. Even so, according to the latest reports prepared by Kpmg, it is estimated that this will be the year in which the best companies will discover how to observe, test, evaluate and invest in proptech.
At Merkel Capital, we work every day to digitize our processes and improve products and services thanks to new technologies. Our way of working and developing projects is not only committed to sustainability with the environment, but also our communication and quality of assets maintain a close relationship with the most current technology.
The fact that investment in the real estate sector continues to be boosted and the sector continues to obtain the figures it has achieved during 2017 is, of course, another great challenge for the Real Estate sector for this 2019. According to a report carried out by CMS Aliñana & Suárez Lezo, it indicates that real estate investment in the old continent has reached 234,000 million euros this year. The figure is 7% higher than that registered in 2017 and confirms the upward trend in terms of job creation that exists in Europe.
Madrid and Barcelona are consolidated as the cities with the largest nerve centers for real estate investment. For this reason, the real estate market continues to maintain its attractiveness for national and international investors and the advantages of acquiring a new home. The economic recovery of the labor market and the low financing costs will lead the sector to grow by around 4% per year, driven by the lack of supply.