▶youtube BusinessReal Estate first seen 2 d ago, last 11 h ago, peak #9
HSBC economist predicts 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 says property prices could slump by as much as 13%, according to a report aired on ABC News' The Business. The forecast points to a significant downturn in the housing market, with sharp falls predicted for home values. The projection is drawing wide attention as households and investors weigh what a double-digit decline would mean for mortgages, savings and the wider economy.
Why now: A major bank's double-digit house price forecast directly affects homeowners, buyers and investors amid current property market uncertainty.
Evidence
- Property prices set to slump as much as 13%, says HSBC chief economist | The Business | ABC NEWS · ABC News (Australia) · 80.4K
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