House prices

House prices in Derry soar over 11% – Derry Daily

HOUSE prices in Northern Ireland continue to rise. Prices in Derry City and Strabane District Council jumped 11.2% in 2021. The average price rose by almost 8% last year, according to official figures. However, data from the NI Statistics and Research Agency (Nisra) suggests that the market cooled in the last quarter of the year. […]

House prices

The Greater Manchester area where property prices have risen more than any other – and the people who live there are very confused

One area of ​​Oldham has seen property prices rise faster than anywhere else in Greater Manchester. Real estate prices at Waterhead increased by 44% between June 2020 and June 2021. An average house in the neighborhood was selling for £90,000. READ MORE: Martin Lewis urges people to stock up on common 66p item before April […]

House prices

House prices set to plunge in Melbourne after increased supply

A surprise city is poised for a real estate price crash due to a significant change in one important factor. Others may also follow. House prices could fall faster than expected after an increase in the number of homes listed in some of Melbourne’s inner suburbs. More properties would be put up for sale in […]

Real estate

What’s wrong with the Middle Tennessee real estate market?

NASHVILLE, Tenn. (WTVF) – A big story happening across the country right now involves real estate. When looking at the market history in the region, there is a noticeable difference when it comes to price and inventory. The Greater Nashville REALTORS releases monthly market data outlining circumstances dating back to 2018. “The mission of Greater […]

House prices

ANZ expects interest rates to soar and house prices to fall further

ANZ economists are now forecasting back-to-back 50 basis point rises for the official exchange rate in April and May and are warning house prices will fall by up to 10% this year. The revised forecast released this morning comes after oil and other commodities have soared sharply in recent days as the war in Ukraine […]

House prices

The Legacy of Buying Aid: Higher Prices and Wealthier Builders

How wrong was the government’s Help to Buy equity loan scheme? For its supporters, it has been an essential tool in getting young homebuyers up the ladder. But to his critics, and there are many, he has driven up house prices and boosted profits for the nation’s biggest homebuilders, while littering the country with unattractive, […]

House prices

Crude prices: The surge in crude oil prices caused by the Russian-Ukrainian conflict could have an impact on real estate prices

The ongoing struggle between Russia and Ukraine could cast its shadow over Indian house prices. Property developers have expressed concerns about likely upward pressure on input costs due to the growing geopolitical escalation between Russia and Ukraine. As the cost of key raw materials, including cement and steel, have risen in recent quarters, developers fear […]

House equity

Kiwi property prices rise to halt this year, Australia to follow in 2023

FILE PHOTO – Residential homes are seen in Wellington, New Zealand July 1, 2017. REUTERS/David Gray Join now for FREE unlimited access to Reuters.com Register BENGALURU, Feb 25 (Reuters) – New Zealand’s property price boom will come to a halt this year and Australia will follow in 2023, as an expected rise in interest rates […]

House prices

The very upscale neighborhood 30 minutes from London where property prices are even more ridiculously crazy than the capital

Houses in London can certainly cost a good amount of money, but the area just off the M25 offers a wealth of semi-rural accommodation options for millionaires who are tired of the capital, or who just want a country house to pass the time. are. One such town is Gerrards Cross in Buckinghamshire where, according […]

House equity

Stock Markets Rebound, WTI Crude FUTs Reversed Gains

Asian Market Update: Stock Markets Rebound, WTI Crude FUTs Reverse Gains; Cautious optimism seen amid hopes of a Biden/Putin summit, concerns remain over a possible invasion of Ukraine. General trend – Australian government bond prices supported by geopolitical concerns, supply of cover increased at the Australian bond auction. – Silent session seen for FUT UST. […]

House prices

West Somerset house prices rise more than South West average

House prices rose 3.4% in West Somerset and Taunton in December, according to new figures – more than the South West average. This momentum is contributing to the longer-term trend, which has seen house prices increase by 18.7%. The average price of a house in West Somerset in December was £290,162, according to Land Registry […]

Shiller price index

Can real estate save you?

Inflation in 2022, which can be compared to that of 1982, affects all aspects of our lives. Prices are skyrocketing everywhere, especially the cost of services and goods in the food, oil and gas industries. Although a 6.3% rise in food prices could cost an average American family more than $24 a month, how does […]

Real estate

‘Have that safety net’: Experts look at alternative real estate investment apps

With house prices increasingly out of reach, some Canadians are looking to other investment options to gain exposure to the residential and commercial real estate sector. This phenomenon has spawned various apps such as Willow and addy, which use crowdfunding models to give customers access to commercial real estate they might not otherwise have access […]

Shiller price index

Is the Tampa Bay real estate market peaking?

Tampa Bay home values ​​are rising rapidly, raising alarm bells for economists. Lakeland and Tampa Bay are the most overvalued markets in Florida, according to a study by Florida Atlantic University real estate economist Ken H. Johnson and Florida International University economist Eli Beracha. This means that homes here are selling for a premium, well […]

House prices

Weak supply and bidding wars push up housing prices in the Lower Mainland

Fahmeena Azim says she is one of the lucky ones – she bought a house in Surrey 30 years ago after putting together a down payment. When she put her home on the market in the fall, with plans to move to the booming Silver Valley area of ​​Maple Ridge, she anticipated it would sell […]

House prices

Average house prices for each region of Lancashire and where has changed the most

Housing market trends show house prices in most parts of Lancashire have continued to rise, despite the challenges of the pandemic. Property website Right Move shows that most areas of the county have seen increases in the average value of properties sold over the past three years, with Rossendale, Pendle and Burnley seeing the biggest […]

House prices

Stamp duty revenue hits record high after end of tax holidays

Homebuyers paid more stamp duty in the last three months of 2021 than in any quarter on record, sending almost £3billion to the Treasury and underscoring feverish demand in the market housing at the end of last year. The quarter was the first in which the government was able to reap the full benefits of […]

Real estate

Austin’s hot market rises to #1 for commercial real estate investment

If a new ranking is accurate, Austin’s hot market for commercial real estate will continue to sizzle in 2022. The ranking, from Austin-based CrowdStreet, positions Austin as the nation’s No. 1 market for commercial real estate investment this year, up from No. 2 last year. CrowdStreet’s online platform enables private investment in commercial real estate. […]

House equity

Soaring house prices continue into 2022, CoreLogic January housing figures reveal

The typical Aussie homeowner has gotten richer by more than $131,236 on paper over the past year, and there’s little sign so far in 2022 that the COVID pandemic property boom is on the way. to end. Key points: House prices rose 1.1% in January and 22.4% over the past year Brisbane saw the biggest […]

House prices

Land prices for homes are skyrocketing in areas with low demand

When housing prices increase by double digit percentages each year, land prices are never far behind and often indicate future trends. While apartment prices can vary depending on technical specifications, building height and more, land is a simpler matter. In particular, land prices have risen sharply for detached and semi-detached dwellings, even though for […]

House prices

Bulli in top five NSW suburbs for house price growth | Mercury of Illawarra

news, latest news, bulli, property prices, property, property prices, housing, affordability Those who dream of moving to Bulli have not had a good year. Data released today shows Bulli was among the five fastest rising suburbs in NSW for house prices. Read more: Family tribute to Woonona’s mother, Angela O’Donnell Bulli’s median selling price in […]

House prices

Oil and gas uncertainty weighs on house prices in the northeast

House prices in Aberdeen and Aberdeenshire saw the lowest level of growth in Scotland as uncertainty about the region’s dependence on the oil and gas industry weighed on property values, according to new research. Scottish property prices have risen by more than 20% since the start of the pandemic, while those in Aberdeen have increased […]

House prices

How exposure to sea level rise is factored into municipal bonds

Experts from Wharton and beyond have created a model that improves on conventional approaches to understanding how investors perceive the impact of climate risk on local economies. An important aspect of climate risk is sea level rise (SLR) – which is estimated to be 8.2 feet by 2100 above 2000 levels – and how it […]

Shiller price index

High house prices fueled by low borrowing costs | News, Sports, Jobs

We are in another housing bubble, with house prices well above the peak of the last bubble in 2006, according to the Case Shiller home price index. Even adjusting for inflation, home prices are higher nationally than the last peak. Additionally, Hawaii still ranks among the most unaffordable states in the United States. We hear […]

House prices

US Existing Home Sales Slump in December

Newly built single-family homes go up for sale in Encinitas, California, U.S., July 31, 2019. REUTERS/Mike Blake/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Jan 20 (Reuters) – U.S. home sales fell in December as rising prices amid record high inventories continued to exclude some first-time buyers. Sales of existing homes […]

Real estate

Kelowna Among Canada’s Top Emerging Real Estate Markets

Kelowna’s skyrocketing real estate market may be old news to area residents, but it was named one of the top three emerging real estate markets in a report released Tuesday. An online real estate investment marketplace, Fundscraper, claims to have analyzed key performance indicators such as population, GDP per capita, employment, income and house prices […]

House prices

Hertfordshire house prices: A look at the most expensive house sold in Hertfordshire in 2021

The most expensive house sold in Hertfordshire in 2021 has been revealed – and it’s a truly stunning property. Average UK house prices rose 10.2% in the year to October 2021, compared to 12.3% in September 2021, according to data from the Office for National Statistics (ONS) . Due to the pandemic, many people decided […]

Shiller price index

Creating Value with NVR (NYSE: NVR)

Pgiam/iStock via Getty Images “A talent for following yesterday’s ways is not enough to improve today’s world.” King Wuling A company creates value when it increases its revenue and earns a return above the cost of capital. NVRs (NYSE: NVR) is one of the great American companies. Society is the clever beneficiary of deep secular […]

House prices

Two places in the North East are the last in the UK to see house prices return to levels before the crash of 2008

Two areas in the North East have seen house prices recover to levels before the housing market crash of 2008, the last in the UK to do so. It took 14 years, but Durham and Hartlepool have now passed that milestone, according to research by home setup service Just Move In. House prices have surged […]

Shiller price index

Rising Misery Index points to four rate hikes in 2022

Now, in the winter of our discontent, it should come as no surprise that the Misery Index has made a comeback. Older readers will recall that it was a measure devised in the 1960s by economist Arthur Okun, then an adviser to President Lyndon Johnson; he added unemployment to inflation. This sum would describe the […]

Real estate

Diane Francis: Shedding light on money laundering in Canadian real estate

Breadcrumb Links Diane Francois Rising consumer debt caused by Canada’s housing bubble will lead to widespread financial hardship once interest rates rise Release date : January 13, 2022 • 2 hours ago • 3 minute read • 7 comments A for sale sign is displayed outside a house in Toronto. Photo by REUTERS/Carlos Osorio Files […]

House prices

House prices in Southeast surge as stamp duty wears off: e.surv

Homes in Wales are still the fastest growing in the UK, but the unwinding of the stamp duty holiday has pushed up home values ​​in the South East, according to the e House Price Index. surv Acadata. The Chartered Surveyors report says house prices in Wales jumped 9.4% on an annual basis last month, fueled […]

House prices

12 homes for sale in Greater Manchester with lots of potential for first-time buyers

One of the hardest parts of buying your first home can be deciding which neighborhood to live in. When it comes to a county as large as Greater Manchester, house prices fluctuate widely depending on which part of the region you choose. Generally, Oldham, Rochdale, Wigan, and Bolton tend to be the more affordable areas […]

Real estate

Money is chasing real estate

“It’s a buyer’s market!” Covid-19 has played the role of secret Santa Claus for the real estate industry, as more people opted for larger homes and market players consolidated, easing the uncertainty and delivery delays that had away buyers. Mumbai, India’s largest residential market, recorded the highest monthly home sales in a decade in October […]

House prices

House prices are expected to continue to rise in 2022 amid a shortage of supply

[ad_1] Estate agents have reported that a lack of new market actions is pushing up house prices in Dublin. According to The Sunday Times, The Dublin House Price Index predicts that house prices will increase on average by almost 6% in 2022. The most desirable areas for those looking to buy a home are Ranelagh, […]

Shiller price index

Prices in the US residential real estate market rose 19% in 2021; Is the booming US real estate market in a bubble?

[ad_1] Since the global financial crisis, investors have been alert to the overheating US real estate market, a sign of possible problems. Prices declined in the US residential real estate market between 2006 and 2012 and have been rising steadily since. Price growth calculated based on the annual change in the S&P CoreLogic-Shiller Home Price […]

Real estate

2021 record changed real estate in San Francisco, maybe forever

2021 has been a crazy year for real estate nationwide, but in San Francisco, where real estate has always summer a little wild, the remarkable year has been remarkable. Records have been broken and set across the region, and as we look to 2022, it looks like real estate in the Bay Area will never […]

House prices

Is a State Responsible for Rising Home Prices in Idaho? An economist intervenes

[ad_1] The attraction to the Gem State is unlikely to end in 2022, but there are signs that home prices may start to cool. BOISE, Idaho – It’s a new year, but for now, still the same housing market in Gem state. Zions Bank Senior Economist Robert Spendlove said that while Idaho’s real estate market […]

House prices

Call to seize migrants from rival economies

[ad_1] Net out-of-country migration has added around 10% to Australia’s population over the past 10 years through 2019. -AAP Image A net of migrants in Australia might be enough to keep house prices in the dark, but a million more people would help the economy as a whole, experts say. “In a competitive, post-pandemic global […]

Real estate

Maine Real Estate Market Expected To Slow But Not To Stagnate | Maine News

BANGOR, Maine (AP) – Mortgage rate hikes expected when the Federal Reserve tightens credit in the new year are expected to slow but not block Maine’s scorching real estate market. Home prices will continue to rise, but not as fast as this year despite inflation and rising lending rates, experts say. With inflation accelerating to […]

House prices

What will happen to Australian house prices in 2022?

[ad_1] There will be a growing number of Australians feeling mortgage stress due to rising interest rates, while first-time homebuyers will still have big headaches. First-time homebuyers are hoping for some relief from soaring Australian house prices, but they will still face huge hurdles to enter the market in 2022, while mortgage holders fear they […]

House prices

High house prices leave more potential buyers to rent

[ad_1] The share of first-time buyers hit an all-time low last month. The other side of the coin? More and more millennials with relatively high incomes continue to rent, according to a new study from the RentCafe ad service. Last year he saw a jump in the share of what he calls lifestyle renters. The […]

Shiller price index

Home prices skyrocket: 1 growth stock that could win big

[ad_1] Earlier this week, the Case-Shiller Home Price Index data in 20 cities for October was released, and it showed a significant jump of 18.4% from the same month last year. This follows a strong result of 19.1% in September, and it shows how robust housing in the United States has always been in 2021. […]

House prices

Will the real estate boom be over in 2022? We ask the experts

[ad_1] Across Australia, early buyers like Yolanda Zarins and Luke Andree are wondering if house prices will ever come down. Since having their first child Jannis 16 months ago, their rental in the city center seems too small. “It was quite stressful, really. We started looking for a place to move in with a little […]

House prices

UK property price growth expected to slow in 2022, real estate experts say | House prices

[ad_1] The UK housing market will slow significantly in 2022 as borrowing costs rise and household budgets are strained, property experts predicted. After a year of rising prices due to stamp duty holidays across the UK and changes in the types of properties bought and sold, forecasters generally suggest house price growth of between 3% […]

House prices

The economic surprises, headaches and puzzles of 2021

[ad_1] This economy entered 2021 in the darkness of a New Year’s lockdown. It wasn’t a particularly optimistic time. According to forecasts, the economy is only expected to grow by 1.7% in terms of GDP. But that’s not how it turned out. In fact, the history of the economy in 2021 has brought many surprises […]

House prices

Why you might be having trouble buying a new home – and two ways to help

[ad_1] Recent data from the Office for National Statistics (ONS) has found the most suitable sellers in today’s market, who can take advantage of rising house prices and increased demand from existing homeowners looking to relocate. Richard Dana, real estate expert and founder of Tembo – a family lending platform that helps families buy homes […]

Shiller price index

What will it take to kill this bull market? We will find out next year.

[ad_1] The insurgency, infections and inflation are what will be remembered for 2021. But none of them seemed to matter to US equities, at least as much as some might have thought. Again, the best thing for investors to do would have been to turn off their computers, phones, and (especially) televisions, and set up […]

House prices

The areas of Liverpool where house prices go up and down

[ad_1] The demand for homes in Liverpool’s stunning locations continues to rise as properties that come onto the market are snapped up almost instantly. Merseyside postcodes have seen some of the biggest increases in house prices this year, and buyer demand is skyrocketing. Land register figures for the year through October (most recent available) show […]

Shiller price index

How wage stagnation has turned the housing equation upside down

[ad_1] Fifty-two percent of non-home millennials aren’t saving for a down payment. And among these, many cite underpaid jobs or unemployment as the reason. In this article describing some of our to research About American millennials and their quest to become homeowners, I would like to provide an overview of the broader macroeconomic issues that […]

House prices

Tuition Fees Rise Along With Sydney Housing Prices

[ad_1] Fees at Sydney’s top private schools have risen almost as much as house prices in the city since 2005 and are expected to hit $ 50,000 per year by the end of the decade. Three schools – The King’s School, The Scots College, and SCEGGS Darlinghurst – will charge over $ 40,000 for grade […]

House prices

Housing Market Forecast 2022: Utah and Idaho City Prices Peak

[ad_1] As home prices have continued to rise across the country, particularly in the West, a new study suggests prices are “on the verge of flattening” in five of the country’s “most overvalued markets”. country. These markets include two cities in Utah and several other subways in Idaho, Texas, and Arizona. That’s according to a […]

House prices

Most capitals remain affordable despite price increases – study

[ad_1] Despite the dramatic rise in house prices amid the pandemic, most capital cities are still considered affordable for many Australian buyers. A new study from InvestorKit has found that house prices in six of the eight capital cities are surprisingly still seen as “undervalued,” indicating positive signs of affordability for potential buyers. Perth the […]

House prices

Do Millennials Have More Trouble Than Baby Boomers?

[ad_1] But tenants are now quick to point out that cheap mortgages are of little help when it comes to saving 20% ​​of the median price of a home in a large capital, which is nearly $ 300,000. in Sydney or about $ 208,000 in Melbourne, depending on domain figures. Loading That’s 13,628 plates of […]

Shiller price index

Effort to help first responders, teachers get a boost from Gottheimer

[ad_1] Samuel P. Royer From armed battles halfway around the world to terrorist attacks on our own soil, America is no stranger to turbulent times. For more than two centuries, we have counted on courageous individuals who seize the opportunity to protect our country and our communities, whether abroad or at home. This time the […]

House prices

House prices could increase by 5% in 2022 thanks to improved demand: report

[ad_1] House prices could rise 5% next year due to improving demand, according to Knight Frank India. In his ‘2022 Outlook Report’, the real estate consultant said: “While 2021 has been primarily affected by volatility from the pandemic, 2022 could prove to be a more stable year for the industry, both for the commercial sector […]

Shiller price index

Early buy alert: these 3 funds (making up 7.6%) should experience a boom in 2022

[ad_1] IInflation is on the rise, stocks are skyrocketing (Omicron damn it!) And the bargains are slim on the ground. Well, not all stocks are skyrocketing – one sector has fallen behind, and that sets us up for a nice upward ‘recovery’ in 2022, with big dividends (making up 7.6%!) On the side. We’ll talk […]

House prices

The housing crisis will worsen over the next decade, even if the policy works

[ad_1] A terrifying prospect awaits us. The housing crisis is expected to continue to worsen over the next decade, based on the current housing policy that actually works. This may seem counterintuitive given that politics is supposed to solve the crisis. However, this is what is planned in the analysis carried out by KPMG for […]

House prices

Bali homes drop 50% as Covid-19 pandemic hits property market

[ad_1] Bali property prices drop by up to 50% with a 14-bedroom house for just $ 540,000 – but there’s a big problem for potential buyers Home prices in Bali have plummeted, with homes selling 50% less Luxury homes with resort-style pools and beach views are sold for bargains Real estate agents have revealed low […]

Real estate

Hyderabad real estate market could collapse by March

Hyderabad: A 24-year-old expat working in one of the rich countries of Scandinavia calls his friend to ask him for advice on an offer he found out through one of the WhatsApps groups. The offer was attractive. This required him to buy land on the outskirts of Hyderabad along with a few others, with the […]

House prices

Omicron could accelerate the cooling of the Australian real estate market

[ad_1] Australia’s housing market has skyrocketed during the pandemic, but a new crisis is weighing on house prices. The worrying new variant of Covid, Omicron, could help pull the real estate market back to a buyer’s market and lower prices as homeowners scramble to list their properties before the boom ends. As Australian house prices […]

House prices

Homebuyers in Sydney face record 16-year saving for deposit

[ad_1] It would now take 14 years for buyers to save the 20% deposit, but first-time homebuyers Brianne Keogh and Angus Mills weren’t waiting. Determined to enter the housing market as soon as possible, the couple took drastic steps to find a deposit and compromised on the location and type of property they were going […]

House equity

Want to own a house but don’t have the money? This Toronto-based tech company lets you become an “owner-resident” for 2.5% less

[ad_1] Toronto entrepreneur Jordan Taylor was renting a nice two-bedroom condo for $ 3,000 a month while trying to figure out how to muster enough of his savings to buy in the real estate market. Next, Taylor, 30, saw an Instagram ad for Toronto-based “real estate technology” company Key, which aims to help people gain […]

Shiller price index

Here is an inflationary storm like none before

[ad_1] Dark storm clouds gather above getty The United States treated inflationary storms before. However, none started in such an unprepared financial environment. Therefore, expect the effects to come to be chaotic. (See “Inflation messages: the recklessness of 2021 versus the wisdom of 1981”For the justification of a period of rising inflation to come) Preparation […]

House prices

What happens when house price growth exceeds wage growth?

[ad_1] Eliza Owen, head of research at CoreLogic, said the 2.2% increase indicates a return to pre-pandemic wage growth, and is just short of the decade’s average growth 2.4%. She pointed out that when the WPI is compared to property values ​​over the past two decades, it becomes clear that the increase in nominal housing […]

House prices

Huddersfield woman fears house prices will drop if major road project continues

[ad_1] A one-woman campaign against key aspects of Kirklees Council’s plans to change roads in the Lindley and Edgerton area is gaining momentum. Trish Nuttall, who lives on Thornhill Road, a key route connecting the A640 / Westbourne Road and the A629 / Edgerton Road, says she is concerned about plans which she says will […]

House equity

Hostility to the real estate private equity push is wrong

[ad_1] 20 November 2021 “VOUTSIDE ULTURESRead one of the many placards held up by young demonstrators at a recent rally in Dublin. The cause of their anger was skyrocketing rents in the Irish capital, pushed up as the fastest growing house prices in years made renting more attractive. The feeling is spreading. Private equity firms, […]

Shiller price index

Opinion: How the pandemic shattered the measure of home values

[ad_1] Estimating home values, both as a whole and for individual homes, is a notoriously complicated process. This is because houses are durable and complex goods, and each house is unique in its location, features, or both. Additionally, homes are barely traded, meaning very few of them are traded in any given year. This makes […]

House prices

Largest annual increase in house prices in the North since real estate peaks in 2007

[ad_1] HOUSE prices in the north have experienced the largest annual increase since the peak of the real estate boom in 2007, according to the official government measure. The Northern Ireland House Price Index valued average residential property at £ 159,109 for the third quarter of 2021, 10.7% more than 12 months ago. It comes […]

Shiller price index

Royer: Effort to help first responders, teachers get a big boost from Katko | Columns

[ad_1] Samuel Royer From armed battles halfway around the world to terrorist attacks on our own soil, America is no stranger to turbulent times. For more than two centuries, we have counted on courageous individuals who seize the opportunity to protect our country and our communities, whether abroad or at home. This time the enemy […]

Real estate

Fannie Mae economist and real estate pros give advice to aspiring buyers

Getty Images The housing market is not an easy thing to pin down – and you are not alone if you feel like you are getting mixed messages on the subject. On the one hand, mortgage rates are near their historic lows – some 15-year rates are close to 2% and some 30-year rates are […]

House prices

‘Exceptional’ housing price growth signals ‘a bumpy ride’ for homebuyers

[ad_1] The sharp rise in house prices over the past year shows little sign of slowing down, only very high incomes who may be able to afford a home in some areas, an economist has warned. Yesterday, the CSO released its latest Residential Property Price Index, which showed property prices had more than doubled across […]

Shiller price index

US Consumer Prices Soar 6.2% Last Year, Most Since 1990 | national

[ad_1] – Median house price (unadjusted): $ 11,900 – Median house price (adjusted for inflation in 2020 dollars): $ 104,166 – Price growth since 1950: 31.7% The homeownership boom continued into the 1960s, as did general prosperity in the United States. Many factors have contributed to the increase in home ownership and the rise in […]

House prices

House price growth expected to be held back by increased supply next spring

[ad_1] Despite rising inflation and the end of the holiday and stamp duty holiday scheme, growth in UK house prices continues to negate economic gravity as the holiday season approaches. However, what goes up must surely come down – eventually. Knight Frank’s latest market analysis shows that a combination of rising interest rates and a […]

House prices

Why Australian house prices will drop in 2023 as banks hike interest rates multiple times in weeks

[ad_1] House prices in Australia are expected to start falling, with the two biggest banks repeatedly raising mortgage rates in just a few weeks – the rest will follow. The median home price in Sydney has jumped 30.4% in the past year to $ 1.334 million, which is very unaffordable. The 21.6% national increase in […]