Real estate experts at atHome suggest that the government's tax measures might positively impact the housing market in the short term.

Despite this, they emphasise the need for additional solutions to truly invigorate the sector.

Anticipating a downward trend, these experts predict a decline in both property sale prices and rates throughout the year.

AtHome highlights the willingness of various property developers to take calculated risks in the coming year, particularly in initiating projects where not all units have been reserved from the outset.

Housing is certainly a big topic in Luxembourg and therefore a big focus in parliament. During RTL's New Year's Day interview with PM Luc Frieden, he discussed how the CSV-DP government plans to implement their election promises on housing as well as tax reform. Marc Goergen, Pirate Party MP, explained that the Pirate Party continues to aim for more invitiatives in the housing sector.

Related
Why a price drop was not enough to jump-start the market
What is changing in Luxembourg in 2024?