Home price growth for all but China in 2022, say analysts

Home prices are likely to grow in major markets across the globe in the coming year, according to property analysts.But there may be one notable exception: mainland China.In its latest Global Housing and Mortgage Outlook, Fitch Ratings predicts a decline of 3 per cent to 5 per cent in China’s home prices in both 2022 and 2023, a sharp reversal of the growth momentum seen in previous years. The credit ratings company predicts more developers defaulting on their loans and increased government…

Stay connected with us on social media platform for instant update click here to join our T witter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Covid-19 News Click Here

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.