Check out some reasons why you should definitely pay attention to trends in the real estate sector and how CASAFARI can help you.
5 reasons to keep an eye on trends in the real estate sector
Working with market information
Starting with the most obvious conclusion, trends provide valuable insights into market direction, such as price fluctuations, demand patterns, and emerging neighborhoods. This knowledge helps real estate agents accurately advise their clients and craft strategies in line with market reality.
Adopt risk mitigation strategies
While some trends can be leveraged to grow the portfolio, others may be perceived as a threat to the current operation of the business or to clients, such as market saturation or fluctuating interest rates. Identifying potential risks associated with real estate market trends allows professionals to mitigate them and protect their clients' investments.
Granting a competitive advantage
By staying on top of trends in the real estate sector, professionals such as agents can anticipate market changes , for example by expanding their business at the right time or to the right area. Real estate agents, for their part, can use this knowledge to position themselves as experts in the sector.
Building customer trust
Clients tend to trust professionals who demonstrate a strong knowledge of the market. By staying up to date with real estate market trends and demonstrating that they are well informed, professionals can gain the trust of clients, developing long-term relationships and earning future referrals.
Diversification of services
Understanding trends in the real estate chinese overseas asia database sector helps professionals to diversify their services, offering innovative solutions, investing in new technologies to boost their work and specialising in niches that are on the rise.
Three ways to find trends in the real estate sector with CASAFARI
Time series: looking at trends over time
Time series analysis enables the identification of cyclical, seasonal or long-term trends, which helps to make informed predictions and strategic decisions.
This helps in understanding market dynamics, anticipating possible changes and adapting strategies accordingly, ultimately empowering professionals to navigate the real estate landscape with foresight and agility.
Time series: observing trends over time with CASAFARI
Within CASAFARI Market Analytics, you will find a time series section where you will see:
The average price and the average price per square meter;
The rises and falls in prices;
New, sold and withdrawn properties.
All information can be viewed for different types of properties (apartments, houses, plots, etc.), for sale or rent, for different typologies and characteristics, in a defined period of time.
CASAFARI Market Analytics: see the evolution of the real estate market in Spain
Heatmap: A magnifying glass for localized real estate trends
If you want to better understand how the price vs. demand dynamic works in a specific area, CASAFARI Market Analytics provides you with a heat map section that does exactly that.
You just need to set the location, a time period and define whether you want to see information about properties for sale or rent. The data will be displayed on a map and through a list, with the option to sort by:
Average selling price;
Average sales price per square meter;
Number of properties available on the market;
Price increases and decreases.
Heatmap: A magnifying glass for localized real estate trends with CASAFARI
All information is displayed based on the type and characteristics established by you, so you can see how the market reacts to a multitude of properties, for different client needs.
