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Mikael Söderlundh, head of research at Colliers.

Mikael Söderlundh, head of research at Colliers.

Image: Pangea Property Partners

Weakest Q1 in a Decade – Dramatic Drop in Transaction Volumes

Nordic — Plus article Q1 2023 is the weakest first quarter in the transaction market in a decade, new figures from the adviser Colliers show. The recovery forecast will now probably have to be pushed forward to the autumn, says head of analysis Mikael Söderlundh in an interview with Nordic Property News, where he also comments on the dramatic drop in volume, how discussions are going on the market and why property values will probably have to be written down even more in the upcoming Q1 reports.