Reuters expects property prices in most global markets to rise over the next two years, albeit at a slightly slower pace than expected three months ago, as strong demand and tight supply overshadow higher interest rates. While the price increase is expected to continue next year and in 2025, rising mortgage rates and a lack of supply of affordable homes will limit the sharp rise in prices.
The latest Reuters poll showed property prices will rise in 5 of the 8 major property markets surveyed next year and in all in 2025.
Source (Al-Arabiya.net Website, Edited)
