According to the World Bank, nearly 60-70% of reserves of the State of Pakistan are invested in real estate. In the post COVID world, one of the most unexpected was the real estate business in Pakistan. Even though it was held paralyzed for nearly 6 straight months, Pakistanis were very keen to return to the business as soon as the lockdown was removed.
What are the factors affecting the real estate market in 2024, who is the potential buyer and will home prices drop in 2024? We will go through a journey named Forecast of Pakistan Housing Market in 2024.
Before predicting the Pakistan housing market in 2024, we should identify the background and the potential consumer of the real estate market in Pakistan. Real estate is a considerably fast-paced industry in Pakistan.
