The low interest rate environment in recent years which has been supporting residential buying demand has come to an end. Rising home loan rates create friction for the private homes market as buyers’ eroding purchasing power should dampen property demand. We try to determine the rate which could be deemed as potential demand inflection points for the private housing market via a simple scenario analysis in this report.
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Impact of rising interest rates on private housing market
Xian Yang Wong • 27/10/2022
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