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How COVID has changed housing trends
It was four years ago when the World Health Organisation declared COVID-19 a worldwide pandemic. Since that time economic trends, including housing metrics, have been on a roller coaster ride. Although lockdowns and the uncertainty of vaccination programs are well behind us, the legacy of COVID will be with us for a long time yet. This report provides a retrospective of housing and peripheral e...
Slight uptick in economic growth and house prices
Despite the expected fluctuations in the interest rates, the majority of property professionals expected 2024 to be positive with 57% expecting some economic growth. A good portion foresee a rise in house prices, with 46% expecting a modest increase of 1-5%, and an additional 13% anticipating a more substantial rise of over 5%. Meanwhile, 16% hold the belief that house prices will decline....