What Sets the Price or Market Value for Real Estate?
The demand for Real Estate Investment has been increasing day by day especially in the United States of America and Canada. There are so many factors that affect the prices of your property. Demographic analysis helps to study the population based on age, race, gender, income, and population growth. This analysis helps you to purchase the property at the right time and makes a valuable purchase decision. There are mainly 4 factors that affect real estate prices.
Real Estate Market
Demand And Supply
Demand and supply, the mostly used term, has direct correlation with the value of the property. If the properties are in high demand but the supply is fixed, the price of properties will increase because more people are willing to buy.
