Can a real estate correction be approaching

Can a real estate correction be approaching?

 

Low rates led to a global real estate boom, now expected to correct as interest costs rise. This week, Oxford Economics warned a sharp global real estate correction is approaching. Rising rates, weak demand, and falling construction prices will take a lot of the froth out of the market.

 

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https://betterdwelling.com/a-sharp-global-real-estate-correction-is-approaching-oxford-econ/