Asian property markets poised for plunge: IMF

SINGAPORE -- Asia's property markets are poised for a sharp fall in prices, with higher interest rates making housing less affordable for average buyers, a study published by the International Monetary Fund warns.From Hong Kong to Malaysia, the study points to flattening home prices across the region, following a property boom that surged with the onset of the COVID-19 pandemic. This could lead to corrections as a downturn looms.Read the full story here.	View in browser
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	Asia Daily Briefing December 15, 2022

	From Hong Kong to Malaysia, property markets set to decline: IMF SINGAPORE -- Asia's property markets are poised for a sharp fall in prices, with higher interest rates making housing less affordable for average buyers, a study published by the International Monetary Fund warns.   From Hong Kong to Malaysia, the study points to flattening home prices across the region, following a property boom that surged with the onset of the COVID-19 pandemic. This could lead to corrections as a downturn looms.   Read the full story here.
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