Real Estate News: Property News India, Residential, Commercial Property News
“Rental properties, particularly more inexpensive units, were snapped up shortly in the second quarter of 2023, indicating sturdy rental demand amid waning demand in the for-sale area,” stated Jones. She added that whereas tight stock situations will hold upward stress on house prices till housing supply picks up, falling mortgage rates could indicate more affordability ahead. “Mortgage rates have surged from historic lows to multi-decade highs and sidelined each Real Estate News priced-out buyers and sellers who don’t wish to forfeit cheaper mortgages and tax assessments locked in years in the past,” he stated. Hepp added, however, that residence costs…
