There's a change happening in the real estate market that many people haven't quite grasped yet. It doesn't appear in advertisements or viewings, but it's directly influencing house prices. Building is more expensive.
It might seem like a distant topic, but it's not. It's likewhen you go to the supermarket and see prices rising. You don't just change what you buy that day, you change habits, decisions, and priorities.
The exact same thing happens in real estate.
The problem is no longer just about materials. The biggest impact comes from labor. There are fewer professionals available, salaries are increasing, and construction takes longer. And when building becomes more expensive and slower, many projects stop moving forward.
From here, the effect is simple. If fewer houses are built, there's less supply, and if demand remains strong, prices are unlikely to fall.
Many people are still waiting for a big drop in the market, but with this scenario, that becomes increasingly unlikely. Not due to a lack of will to solve the problem, but because the root of the problem remains.
For those who want to buy, this means that waiting may not bring great advantages. For those who want to sell, it means there's still little competing supply.
Ultimately, it's a simple issue: as long as building remains expensive and slow, there will continue to be a shortage of houses. And when there's a shortage of houses, the market remains pressured.
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