Sustainable development, foreign investments, and AI will become key factors in the future of real estate.

Experts from the UCI mortgage cooperative are analyzing seven trends that will shape the future of the market.real estateSpanish sectorreal estateIt continues to stay afloat despite economic and political uncertainty, as well as the ongoing rise in interest rates. Data from the National Institute of Statistics (INE) showed that more than 315,000 sales transactions were completed in the first half of 2023. Housing prices are not in a hurry to decrease and continue to exceed the historical highs recorded before the market bubble.real estateIn 2008. Based on this, UCI experts – specialists in sustainable finance – identified seven key trends that will shape the near future of the market.

Seven keys to the futurereal estate

In 2024, the marketreal estateIt will largely be determined by the increasing importance of sustainable development, the implementation of artificial intelligence (AI), and the growth of international investments in the residential sector. The uncertainty caused by inflation and rising interest rates, as well as the current political and business situation, will play a significant role for the industry. We are approaching a critical point where the opinions of those who believe that monetary tightening should be paused clash with those who insist on further rate hikes.

Environmental, Social, and Governance (ESG)The criteria are becoming increasingly relevant, and their influence will grow in the decision-making process in the market.real estateInvestors are beginning to place greater value on environmental and social factors when developing their business strategies. The relevance of the climate issue and the need for building renovations are becoming increasingly significant, especially after the hottest summer on record.