Where Property Is Falling (and Rising)… And Why…

The gap between average prices and affordability has widened substantially, and it is unlikely things will turn around anytime soon. And rate cuts are far from certain in the short term. If you deep dive into where home prices have risen and fallen over the past year, it reinforces the need to go granular to understand what is really going on. A long period of higher interest rates has put significant pressure on prices in wealthier areas, with some investors forced to sell adding to stock on the market, even as prospective buyers become more reluctant about taking out a […]