Business
Housing market bubble risk despite global pandemic recession: UBS – Domain News
Housing markets react with a delay to economic downturns, warns a new report that predicts a looming correction and suggests investors think about selling.
European cities are most at risk of a housing market bubble while Sydney prices are still overvalued, warns a new global report that predicts a price correction when stimulus measures end and suggests investors think about selling.
Although Sydney home prices are still higher than last year, with low interest rates sparking a straw fire, the report, released Thursday, tipped rising unemployment to put downward pressure on prices.
Munich and Frankfurt top the Global Real Estate Bubble Index for…
-
Noosa News23 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
General22 hours agoTyler Wright soaks up Bells Beach return as poor conditions at Rip Curl Pro sees men’s opening round called off
-
Noosa News23 hours agoWestern Queensland graziers begin grim stock count after catastrophic floods
-
General22 hours agoTruck driver charged with causing death by dangerous driving after highway crash