High Interest Rates Are Crushing the Global Real Estate Market – Bloomberg

0 minutes, 24 seconds Read

The shock that rippled through global housing markets as central banks rapidly raised interest rates last year has given way to a cold new reality: The real estate bonanza that fueled wealth for millions of people is over.

Markets around the world are caught between sharply higher borrowing costs — likely here to stay — and a shortage of homes that’s keeping prices elevated. That’s made housing in many areas even less affordable, while property owners with resetting loans face increasing financial strain.

Buy/sell, rent/lease residential &
commercials real estate properties.

This post was originally published on this site

Similar Posts

    Your Interest
    Your Interest List is emptyReturn to Buying