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STATE OF THE US HOUSING MARKET: More data shows that rising house prices won’t last — the dip is coming

According to the CoreLogic Home Price Index Report, national home prices saw a year-over-year increase of 5.4% in May — up from a 3.6% gain in April 2019. CoreLogic attributes the growth to a decrease in housing supply because of the pandemic. “Tight supply and pent-up demand, particularly among millennials, provides optimism for a bounce-back in […]

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Property market: Mildly positive and ‘less painful’

At a talk entitled, “The key driver for property demand will always be affordability” during the Star property.my Fair 2018 in KLCC, the audience was asked about Budget 2019. “How many of you here thinks Budget 2019 is positive for you?” No one raised their hands. Perhaps they have yet to feel the effects of […]