Disclaimer
For the specified time periods, both sale and mortgage transactions are aggregated. For example, the figures for off-plan property sales in the first quarter of 2021 represent the sum of all such completed sales between midnight on January 1, 2021 and midnight on April 1, 2021. Additionally, it should be noted that for sale transactions, the effective date on the sale and purchase agreement or the date of the sale's registration with municipal authorities, whichever is more readily available and applicable, is considered the transactional date, and aggregations are calculated accordingly. For mortgages, the registration dates are always taken to be the transactional dates. This data is intended to convey indicative real estate market movements and no liability is accepted to any third party for the whole or any part of its contents. The information and analysis have been obtained from or based on information which was current at the time of sourcing from official transactional records and other third-party sources generally regarded to be reliable and assumptions which are generally considered reasonable. It should be noted that the calculation of the price indices, average sale prices, and average rental prices is a multi-faceted exercise typically involving extensive data cleansing, advanced statistical methods, and the qualitative knowledge of market experts. Notwithstanding, the aforementioned market indicators are acutely sensitive to changing conditions, variations in any one of which may significantly affect quantitative outputs.
