The Real Estate Institute of Zimbabwe

Expounding the Valuation Matrix In a Liquidity Crunch Economy

houses

Research Desk

On the 27th of March 2015, the Real Estate Institute of Zimbabwe members and other real estate market players converged at The Seminar was held under the theme “EXPOUNDING THE VALUATION MATRIX IN A LIQUIDITY CRUNCH ECONOMY”The theme was derived and motivated by the rising challenges that the market is facing in carrying out property valuations in the wake of liquidity crisis which is looming in the country.

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Property prices Slashed

PROPERTY prices for some properties have been reduced by between 20% to 30% of the pre-2012 economic boom era and a “buyers” market has been created whereby the buyers set the price of the properties, an official from Real Institute of Zimbabwe (REIZ) has said.

BY VICTORIA MTOMBA

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