Residential property sales are expected to decline, but there is strong price pressure in university towns.
Although the domestic housing market is slowing down, there is still high demand and continuous price increases in university towns. After the announcement of admission thresholds, rental prices may increase by 1-5 percent, which represents a significant financial burden for young people and their families. Buying a home is also becoming increasingly difficult, especially for younger generations, and the number of transactions is expected to decrease compared to last year.
Although the growth rate of the housing market may decline nationally, demand and continuous price increases remain strong in university towns. After the announcement of admission thresholds, a further increase of 1-5 percent in rental prices is expected in the rental market, which places a greater financial burden on students and their families. Meanwhile, buying a home is becoming increasingly difficult, especially for young people. The number of transactions is expected to decrease compared to last year.
