Real estate market continues to cool in early 2023, especially in Flanders

The Belgian real estate market will also remain in downward mode in the first months of 2023. The market is clearly cooling down, with 10.5 percent fewer real estate transactions in January and February compared to a year earlier. In Flanders, this trend was more pronounced: minus 14.2 percent. Fednot, the Royal Federation of Notaries, reports this on Thursday.

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