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.
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