Gains in global property prices, which have underpinned a three-decade bull run in related stocks, are set to moderate in the coming months on negative shock from policy tightening, market-cooling measures and China’s crackdown on industry leverage, experts cautioned.The Global Residential Cities Index, which tracks prices in 150 cities, is likely to peak in the next 12 months, with cities recording double-digit gains likely to suffer more as central bankers have begun to dial back near-zero…
Source : South China Morning Post
Read more…Global property prices set to lose upside momentum on negative policy shock and China slowdown