It is clear that over the next year house price growth will slow from the torrid 20% year-over-year (YoY) pace in February (and likely also in the March report that will be released later this month). I think there are three likely scenarios going forward for house prices that I’ll call “slow”, “stall” and “bust”
What will Happen with House Prices?
It is clear that over the next year house price growth will slow from the torrid 20% year-over-year (YoY) pace in February (and likely also in the March report that will be released later this month). I think there are three likely scenarios going forward for house prices that I’ll call “slow”, “stall” and “bust”