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Global Housing Outlook Improves Despite Higher Rates Pressure: Reuters Poll

Despite raised interest rates, the housing market shows resilience for global economies. Analysts surveyed in the US, Canada, Germany, Australia, New Zealand, and India predict either stagnant or slowed growth, but first-time affordability shows conflicting predictions. A slim majority predict recession.

Canada Home Prices Poised for Recovery as Demand Remains Strong

Despite a dip in prices since March 2020, the Canadian housing market is set to recover. Experts predict a 9% fall this year followed by a 2% and 4% rise in 2024 and 2025 respectively as supply fails to keep up with demand. With buyers regaining confidence, the Bank of Canada is expected to hold interest rates throughout 2022.

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Global Housing Outlook Improves Despite Higher Rates Pressure: Reuters Poll

Despite raised interest rates, the housing market shows resilience for global economies. Analysts surveyed in the US, Canada, Germany, Australia, New Zealand, and India predict either stagnant or slowed growth, but first-time affordability shows conflicting predictions. A slim majority predict recession.

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