[ad_1]
From: Counting the Value
As charge rises hit debtors, we ask if the worldwide housing market is heading for a painful downturn.
Issues have been trying up for the housing sector on the finish of 2021.
Home costs throughout nations within the Organisation for Financial Co-operation and Improvement (OECD), have been rising at their quickest tempo for 50 years. And all of this was underpinned by low borrowing prices and savers with cash to burn.
Now, a 12 months later, issues will not be trying so rosy.
Excessive inflation has led to central banks mountaineering their base charges, wages will not be maintaining with the rising value of dwelling, and the financial repercussions from the conflict in Ukraine can be felt for a while to return.
[ad_2]
