Most analysts say no. Major consultancies and ratings agencies including Fitch describe 2026 as a stabilisation phase rather than a classic bubble, citing genuine end-user demand and speculation kept under about 20% of activity. A moderate 10-15% correction in over-supplied mid-market segments is possible, but a broad crash is viewed as unlikely.
Figures here are indicative as of July 2026 and set by third parties (government, banks, developers) — confirm the current amount before relying on it.
