Monday, August 14, 2023

🚀 Global housing market stabilizes post-correction, Nancy

Nancy, the U.S. and global housing market faced a correction after surging during the... (continue reading).
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Global Housing Market Stabilizes Post-Correction

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 Nancy Monts-lium 

Report Source: Newsweek

Nancy, the U.S. and global housing market faced a correction after surging during the COVID-19 pandemic. Rising mortgage rates resulted in a market pullback, making homeownership unaffordable for many.

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Factors Aiding Market Rebound..

Recently, the housing market is stabilizing, with house prices rebounding in major economies

Factors like low housing supply, low vacancy rates, and strong post-pandemic savings are aiding the recovery

Analysts are cautious, noting that rising mortgage rates and a chronic lack of housing inventory may impact future growth

 

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Anna Perry 

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