Hopes rise for significant European interest rate cuts in 2024, providing relief to mortgage holders and potential homebuyers. 🏠 The eurozone's recent plunge in inflation has led traders to bet on a faster pace of rate reductions. 📉 Money markets now price in a full percentage point cut in the European Central Bank (ECB) interest rates for 2024, with some traders anticipating a cut as...
Marbella Real Estate Market Report 2023: Insights and Trends 2022: A Year of Contrasting Halves The Marbella real estate market in 2022 can be characterized as a tale of two halves. The demand for residential properties, which had accumulated during the pandemic, continued to surge in 2022, surprising many with its resilience. Notably, Malaga-Costa del Sol Airport saw a staggering 108% increase in...
In the realm of real estate, 2022 revealed a tale of two contrasting periods, painting a vivid picture of trends within the property market. The year commenced with a remarkable surge in demand for residential properties, attributed directly to the pandemic's influence. Unexpectedly, this surge persisted well into the year, culminating in an astonishing 108% increase in travelers passing through the...
Costa del Sol Property Report Q1 2023: Inflation Falling and Property Market Trends In our previous report for 2022, we anticipated a year of moderation in the Costa del Sol property market in 2023. However, the latest data for the first three months of the year confirms that prices are still on an upward trend and sales remain strong, suggesting that the market in this region is following a different...