The riches began to put their money into real estate. Double more are the transactions of apartments worth over € 100,000 in May and June, compared with the first four months of the year.
Purchases of more expensive homes formed 15% of the property market over the past two months, according to the real estate agencies.
Besides buying more expensive homes, people become more decisive in choosing a property. The period for making a deal in recent months has shortened by about a third and purchases are realized on average for 30 days. Another interesting trend is that a growing number of homes purchased at a price higher than originally announced, as there are several candidates for the property. Every tenth transaction is precisely the same, the brokers say.
