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Affordable housing to stay out of reach in major economies due to lack of supply

Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property analysts who said more government. -May 31, 2024 at 04:45 am EDT - MarketScreener

Affordable Housing to Stay Out of Reach in Major Economies Due to Lack of Supply: Reuters Poll

Affordable housing to stay out of reach in major economies due to lack of supply: Reuters poll

Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property analysts who said more government intervention was needed to improve the situation. House prices in most major property markets were forecast to rise over 4% this year thanks to supply lags and expectations that top central banks will cut rates soon. An acute lack of starter homes, a perennial problem made worse during the COVID-19 pandemic, was not likely to be addressed anytime soon, according to experts polled May 9-30 across markets in the U.S., Canada, Britain, Germany, India, Australia and New Zealand.

UK home prices to build on recent gains but supply an issue

British home prices will rise modestly this year and increase faster than overall inflation in the next two years, according to housing market specialists polled by Reuters, supported by expected. -May 29, 2024 at 09:31 am EDT - MarketScreener

UK Home Prices to Build on Recent Gains but Supply an Issue: Reuters Poll