The property trends in Pakistan change time to time, like the 2018 year was quite the tease in the property market,  So will 2019 bring more of the same results in a property sector?

How will the real estate market in Pakistan shake out, in a current economic climate or recent political condition?

Is 2019 will be the perfect year for the real estate market? Will selling increase or buying decrease? How much a buyer or seller gets profit on their property? These are the very question which comes in everyone minds when they talk about property investment in Pakistan. find and know about the latest property trends in Pakistan & how they will help you for future investment in the real estate market.

Whether you’re selling, buying or auction your property, here are the 2019 real estate trends in Pakistan you need to know!

Latest Property Trends in Pakistan

1. Property Prices are rising Slowly

Property prices made a giant 10% jump during the course of 2017 and early 2018. This year, however, might be a different story in property prices. Property prices are estimated to rise in 2019 but at a much slower pace. The number of property for sale is expected to increase by a mere 1% in Pakistan.

What’s the reason?

Well, part of the slowdown of prices is due to increased mortgage interest rates and another part is because of overall country economic or political uncertainty. That combination is enough to discourage many buyers who are on the fence about purchasing a property. But there are still eager buyers in the market, property prices rising very slowly which is good news for buyers only. As everyone knows that property is a very basic requirement in everyone’s life, nobody denied its importance like dominion mall. Now according to a recent scenario, this could be the perfect time for buying your property also selling with profit. corporate tax will be the biggest reason in an increase or decrease property prices.

What’s the bottom line? Expect the new construction that is available to go for a higher price.

2. Higher Prices Means for Sellers

Every seller in a property sector needs a nice profit on a horizon. The number of property sold increase this year but at a slower pace. This could be great news for the seller in Pakistan, but dues to increase in property prices the buyers being priced out from the market. Here you have to need to search a potential buyer for your property, but how? You need a property expert and agent for your selling. List your property with Pakistan biggest property portal and find a number of potential buyers and worth your property.

3. Higher Prices Means for Buyers

If you’re going to buy a property in Pakistan, you always keep these in your mind that how you can really afford.  You always keep a calculator in your mind that how you figure out your monthly installments and payment that your budget could easily handle it. Here is a potential buyer you need a property expert and also need a proper platform where you can easily analyze the latest property trends and prices that meet your budget easily.

You can easily make a financial sense for property buying; you could also screw up your finance.

If you really want to buy a good property then you will make a few things for yourself.

• Keep saving if you have patience and motivation for your own property.
• If you can’t afford to buy a property that you want, then be willing to give up some “nice-to-haves” for your “must-haves. needs”
• Expand your research and analysis regarding property trends and property in Pakistan as well. Keep searching the biggest property portals or real estate sectors for analysis.
• Keep visiting Michni.com the biggest property portal of Pakistan for finding out your desired results.

4. Mortgage Interest on the Rise

Due to economic and political change and instability, we estimate Interest Rate in Pakistan to stand at 11.75 in 12 month’s time. In the long-term, the Pakistan Interest Rate is projected to trend around 10.00 percent in 2020, according to our econometric models.

1. Higher Mortgage Interest Means for Seller

As everyone knows that higher mortgage interest is a big commitment, and adding higher interest rates to the mix will make many buyers pause regarding the latest property market prices. Only an expert person who has a piece of proper knowledge about rising in mortgage interest will guide you when and how you can sell your property.

2. Higher Mortgage Interest Means for Buyers

Higher mortgage interest will also affect buyers badly. Here as buyers, you will keep in your mind the budget and option for your buying. An expert agent and property website will guide you regarding property buying with least loss. If you’re not buying a property with cash, be smart and go for a conventional fixed-rate mortgage.  If you act smart as a buyer then this will not harm your property buying decision.

Whether you’re selling or buying, or auction your property you can take advantage of the current property trends by partnering with a professional real estate agent and property website michni.com. 

If you are a property agent, project owner, and real estate owner then enlist yourself with Michni,  also if you are a potential buyer and property researcher also keep checking the latest and developing property on our website or through social media.