Market structure of apartments market
The housing market is divided into 2 groups: Primary and secondary housing market
- Initial housing market refers to apartments for sale directly by the construction company to the public.
- In the secondary housing market, apartments are offered for sale by an individual to another.
What is expected in the housing market in the coming years? Of course, it is very difficult to make a definitive prediction. Because the housing market is influenced by many factors such as real economic growth, investments, employment, population growth, housing policy of the state, and changes in the housing culture of the population. Future changes in each of these factors will determine the future dynamics of the housing market.