Invest in quality amid tenuous recovery in residential realty: Experts

Alternatively, if you can, enter the market at a discount price

Residential real estate prices have begun inching up. Several markets have witnessed a price increase in high single digits over the past year. After a prolonged downturn, the chances of a market revival appear realistic. However, those who wish to buy residential real estate for investment purposes must make a cautious entry.  

Rising salaries drove demand

One factor that has contributed to the price uptick is the jump in salaries within the information technology sector. “Due to demand for talent from educational technology (edtech), cryptocurrency-blockchain, and other start-ups, salaries doubled. This led to people entering the housing market and existing