Posted December 19, 2022 2:30 pm by Comments

  • Housing Market Stability and Affordability in Asia-Pacific (IMF)
  • Price increases during the pandemic, underpinned by low mortgage rates as central banks eased monetary policy, are now being reversed. This creates the conditions for sizable price misalignments and a greater risk of price declines in the future. The drops could be on the order of 5% to 20% in some countries, the paper warns, with rising interest rates adding to the risks. READ MORE

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