In the real estate sector, we observe that the 12-month inflation expectation has been consecutively declining over the past 8 months. This downward trend aligns with changes in global liquidity conditions and central bank policies. The easing of pressure on housing and construction costs can, on one hand, strengthen consumer confidence, while on the other hand, it can also impact demand for real assets. During such periods, investors tend to shift towards alternative assets as a hedge against inflation. This turning point in the data is considered a critical indicator in shaping economic expectations for the coming months.