▶youtube BusinessReal Estate first seen 2 d ago, last 2 h ago, peak #9
HSBC economist warns property prices could fall 13%
Original: Property prices set to slump as much as 13%, says HSBC chief economist | The Business | ABC NEWS
HSBC's chief economist has warned that property prices could slump by as much as 13%, in comments reported by ABC News' The Business. The forecast is drawing wide attention as homeowners and buyers weigh the implications of a potential sharp correction in the housing market, with debate over how far prices might fall and what it would mean for mortgages and affordability.
Why now: A major bank's forecast of a double-digit housing downturn is striking amid ongoing concerns about interest rates and property affordability.
HSBCABC NewsAustralian property market
Rank over time, top of the chart is #1. 15 snapshots from 2 d ago to 2 h ago.
Evidence
- Property prices set to slump as much as 13%, says HSBC chief economist | The Business | ABC NEWS · ABC News (Australia) · 80.4K
API: https://socialmediatrends-api.osmike.com/v1/trends/3260777