Our house-price forecast expects the global rally to lose steam
It predicts France and Germany to be the best-performing markets during the next three years
THE RECESSION set off by the covid-19 pandemic has strangely coincided with surging asset values, and residential property is no exception. Taking an equal-weighted average of 16 rich-world markets, real prices have risen by 5.4% during the most recent 12 months with available data, compared with 2.2% a year earlier. In America values in the 12 months to January jumped by 11%, the fastest rate since 2006.
This article appeared in the Graphic detail section of the print edition under the headline “Approaching the ceiling”
From the April 10th 2021 edition
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