A project developed to improve understanding of
international house price dynamics
Market Cool-Down Insights
2023Q4 IHO Global Housing Outlook
Housing affordability improves amidst market cool-down and high interest rates. As we wrap up
2023, the global housing market has seen a notable decrease in house prices, enhancing overall
affordability compared to the previous year. This trend is driven by the efforts of central banks
globally to target
inflation, exerting downward pressure on property prices as financial conditions tighten.
Simultaneously, strategic
government interventions via tax benefits and financial support have alleviated ...