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The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…
The government in New Zealand, where the market is particularly buoyant, was the first to react in February. It now requires the Reserve Bank to consider house prices when setting…
Rising consumer debt in Russia.
This was higher than the annual rates recorded during the pre-2008 boom, and comfortably above 2022 inflation. Property prices are rising because of a combination of low interest…
A collapse in the housing market, which would hit indebted Canadians hard and contribute to a credit crunch that impacts the wider economy, remains unlikely but record house…
Details
DOI: 10.1108/OXAN-DB263452
ISSN: 2633-304X
Keywords
Geographic
Topical
Household indebtedness in advanced countries.
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DOI: 10.1108/OXAN-DB245996
ISSN: 2633-304X
Keywords
Geographic
Topical
Record high prices (founded in part on limited supply) and rising interest rates are weighing heavily on Israel’s housing market. Home sales fell by nearly two-thirds over the…
The impact of the housing sector on US growth.
Details
DOI: 10.1108/OXAN-DB200971
ISSN: 2633-304X
Keywords
Geographic
Topical
This will affect consumer borrowing as people become unable to afford new loans or repay old ones, and the housing market may experience a slump. Low-interest loan schemes to stop…
Australia's housing market.