What is the impact of COVID 19 on residential property?

We’ve already written an article on the trends which are putting the residential property market under pressure, including changes in households’ size and type, housing prices which are rising faster than wages and an increasing lack of housing caused by demographic factors and slower administrative procedures. How is COVID-19 going to affect these trends?

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Major trends in the retail trade

The growth of e-commerce continues Online spending is increasing constantly. In 2019, e-commerce in Belgium has already reached a market share of around 10%, which could rise to 20% by 2025 if we follow the Anglo-Saxon trend. The impact on ‘brick & mortar’ retail will therefore continue, and even if this direct impact of e-commerce […]

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