Cielo condos palm beach gardens. Australia and Canada rose the most. Post-epidemic global housing market: House prices are expected to rise steadily, with Australia and Canada rising the most.Please Visit: Cielo condos palm beach gardens to Get Your VVIP Registration Today!
Although the COVID-19 epidemic in many countries around the world has not been completely stopped, analysts are confident about the property market in the next two years. Real estate market analysts believe that under the influence of multiple factors such as economic rebound, loose monetary policy, government fiscal stimulus, backlog of housing demand and tight inventory, house prices in most countries of the world are expected to increase to varying degrees in 2021 and 2022. At the same time, the COVID-19 epidemic has also had a structural impact on the real estate market: more and more buyers are choosing to stay away from the cities and buy houses in the suburbs. At the same time, millennials have replaced baby boomers as the new home buyers.
Although the COVID-19 epidemic has suffered the biggest impact on the US economy since World War II, it has had little impact on the US real estate market. Brett Ryan, senior US economist at Deutsche Bank, said: “although the number of COVID-19 cases in the United States continues to hit an all-time high, the recent deterioration of the COVID-19 epidemic has not had any significant impact on the housing market, and the volume of real estate transactions in the United States is close to a record high.” In fact, the situation in the United States is not isolated.
At present, the property market in many countries and regions around the world has recovered. According to a Reuters survey of more than 130 real estate market analysts between January 15 and February 15, analysts believe that average house prices in most countries around the world will rise this year and next.
Fitch expects average house prices in most countries around the world to rise steadily from 2021. Australian property prices also climbed to an all-time high in January. “more fiscal stimulus measures, still low mortgage rates and unmet demand during the epidemic will provide solid support for the economic recovery,” said Gregory Daco, chief US economist at Oxford Economics.