‘More pain likely for global housing markets,’ warn economists


'The rapidity of recent price declines in economies like Sweden, Canada, New Zealand, and Australia suggests prices may retrace a large part of their previous boom,' says Adam Slater of Oxford Economics. 'We may be some way from the peak pain levels housing markets will suffer in this cycle,' he adds.

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property..