Why are prices rising?

📊 After a significant 13% increase in apartment prices nationwide over the last year, we might see a cooling off in 2025. 🏠💡 Is this shift due to housing becoming less attractive as an investment compared to government bonds with high interest rates and no profit tax or the socio-politic context?📈💰 However, demand will continue to remain strong in major cities. Why are prices rising? 📈 In many markets, we’re witnessing overheating where demand outpaces supply. 🏙 These significant price increases often come from a deficit or imbalance in the market. With fewer quality constructions being built, it creates challenges for consumers and investors alike.