How dangerous is the Covid-19 Delta variant? The numbers below reflect recent home value data in each respective place in US dollars. Keep in mind, not all locales track housing in the same way. Let’s take a look at what’s happening with housing prices in cities around the world. In New Zealand, regulators recently tightened mortgage standards in an effort to cool the market. The rush has led to fears of inflation and housing bubbles among policymakers. Wealthy buyers, especially, have over the last year found themselves with more cash and a desire for more space, driving up demand for new and existing housing across the Asia, Europe, and the US. A man checks property prices at a realty agency displaying a photo of The Arch, a luxury high rise apartment, at Hong Kong's West Kowloon districtĪs some countries emerge from the coronavirus pandemic, many of the world’s major cities are seeing a boom in real estate prices.
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