Real Estate Cycles

Real estate cycles refer to the recurring patterns of growth and decline in the property market. These cycles generally consist of four phases: recovery, expansion, hyper-supply, and recession. During recovery, demand starts to rise after a downturn. Expansion sees strong growth, often leading to increased prices. Hyper-supply occurs when too many properties are built, exceeding demand. Finally, recession is marked by falling prices and reduced activity. Understanding these cycles helps buyers, investors, and professionals navigate the market effectively, anticipating changes in property values and opportunities.