▶youtube BusinessReal Estate first seen 3 d ago, last 8 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 forecast that property prices could slump by as much as 13%, according to ABC News's The Business. The prediction points to a significant downturn in the housing market, and viewers are weighing in on what such a drop would mean for homeowners, buyers and the wider economy.
Why now: Concerns about a sharp housing market correction are resonating with homeowners and buyers amid rising interest rates.
Evidence
- Property prices set to slump as much as 13%, says HSBC chief economist | The Business | ABC NEWS · ABC News (Australia) · 85.8K
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