The COVID-19 pandemic has had both short-term and long-term effects on the real estate market globally. Some notable impacts include:

1. Remote Work Trends: The pandemic has accelerated remote work trends, leading to increased demand for homes with home office spaces. This has influenced residential real estate preferences, with a focus on spacious and comfortable living environments.

2. Economic Uncertainty: Economic uncertainties stemming from the pandemic have impacted consumer confidence and purchasing power. This has led to fluctuations in demand for both residential and commercial real estate.

3. Shifts in Commercial Real Estate: The rise of remote work has also impacted the commercial real estate sector, with companies reevaluating their office space needs. Some businesses have downsized or adopted flexible work arrangements, influencing the demand for office spaces.

4. Digital Transformation: The real estate industry has undergone a digital transformation to adapt to pandemic-related restrictions. Virtual tours, online property viewings, and digital transactions have become more prevalent, changing how real estate transactions are conducted.

5. Government Interventions: Various governments worldwide have implemented measures to support the real estate market during the pandemic. These may include stimulus packages, loan moratoriums, and other financial incentives to stabilize the industry.

For specific insights from Ankit Kansal, MD of 360 Realtors, you may want to refer to his interviews, articles, or public statements made after January 2022. Industry leaders often provide valuable perspectives on market trends, challenges, and opportunities, and their insights can shed light on how companies are navigating the evolving landscape.