House prices are forecast to rise this year in most major global markets, but more slowly than previously, and will not increase at all in Britain, Greece and Norway, according to a new report by ratings agency Fitch.
The agency tracks prices in 22 markets, and 19 are expected to see the pace of increases slowing due to risk factors such as rising mortgage rates as quantitative easing policies pursued by some central banks gradually unwind and as bank funding becomes more expensive.
“Some…
Source : South China Morning Post
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