Cooler market not surprising given the current headwinds

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The cost of living crisis, economic uncertainty and now rising interest rates have caused the market to slow down recently in terms of price inflation, writes OwenReilly

The Irish residential market unquestionably cooled in September in terms of price inflation, but only if compared to the frenzied first six months of 2022, especially in the second quarter when the stock of properties for sale fell to a historic low and it was a seller’s market.

A cooler market is not surprising given the current headwinds, which include the cost of living crisis, economic uncertainty and now rising interest rates. A moderation in ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines