Short supply of homes to push global property prices higher at slower pace: Reuters poll
Global property prices in most major markets will rise over the next two years, albeit at a slightly slower pace than predicted three months ago as strong demand and tight supply overshadow higher interest rates, a Reuters poll found. Home prices across the developed world have defied analysts' expectations, as they predicted at the start of the year prices would register double-digit falls from COVID-19-era peaks. While price rises are expected to continue into next year and 2025, higher mortgage rates and the lack of supply of affordable homes will restrict prices from rising too much...
Source: yahoo.com
