Mixed Signals in Uncertain Times
The unpredictable U.S. administration continues to affect the housing market, as do soft domestic employment and poor affordability. While the average resale house price has declined slightly, the mismatch between population growth and housing starts has resulted in unmet demographic housing requirements.
In such a market, what efforts is the government making to ease the situation? How have immigration changes affected the housing market? Why are there rising inventories in both rental and new home markets? What are the medium-term housing prospects?
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