Photos of recent events: 5 countries with soaring demand for homes ...
In February 2021, experts acknowledge a sharp surge in home sales in the US and a number of European countries. The ultra-loose monetary policy of low interest rates and an affordable mortgage (in the range of 1.5% - 2.5% per annum) boosted demand for residential property, analysts pinpoint the reasons. Interestingly, demand increased notably in the wake of the COVID-19 pandemic, Forbes experts make a conclusion. This trend is especially evident in 4 European countries and a few states in the US.