July 4, 2024
Affordability disaster hit millions of Americans and stopped potential homebuyers in their tracks. If mortgage rates were to move greater in 2024, that would have a direct chilling effect on homebuyers and we’d see home prices correct down in a short time, which might cause the housing market to come to a standstill. Private equity funding in India’s real estate sector dropped by 16% to USD 3.67 billion within the final fiscal 12 months, based on Anarock. The decline is attributed to lowered curiosity from overseas buyers because of global economic and geopolitical uncertainties.
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