Share of new buildings in transactions: by number or by value

A high proportion of housing under construction may look different in two dimensions.

Two calculation methods

The share can be calculated by the number of sales or by their monetary value. If the average cost of properties is different, the results will be different. Therefore, the statement “most transactions are for new buildings” requires clarification of the selected unit.

Example structure

Imagine 80 inexpensive apartments in houses under construction and 20 expensive ready-made villas. New buildings predominate in number, but villas can take up the majority of cash flow. A case study shows why one percent doesn't tell the whole market.

Conclusion for the reader

Compare similar object types and periods. The share of transactions does not confirm future profitability, quality of construction or convenience of a particular project. It helps to understand the structure of activity and asks questions for further analysis, but does not select an object instead of a buyer.