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2024 Global Home Price Growth to Slow Amid Higher Rates

From fitchratings.com

Home prices will continue to grow in 2024 in most countries profiled in the latest Global Housing and Mortgage Outlook, albeit at a slower pace than in 2023, Fitch Ratings says. Mexico, Colombia, Brazil, Australia, Canada and the Netherlands are likely to see the strongest growth, while prices will be mostly flat in the UK and fall in China, France and Japan. Limited supply will support prices. Sales are declining with insufficient new construction and as homeowners with low fixed-rate mortgages choose to delay moves. High rents in some areas will limit prospective homebuyers’ ability to save for a downpayment. ... (full story)

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  • Category: Fundamental Analysis