Forecasters expected supply shortages, construction constraints and interest rate uncertainty to shape the 2024 housing market, with Hotspotting’s Terry Ryder tipping steady rather than booming growth. PIPA chair Nicola McDougall said moderating inflation pointed to lower rates, and that persistent demand outstripping supply would keep pushing prices higher. Commentators also urged governments to stop deterring the investors who supply most rental homes.
Reported by
Henry Thai, The Property Tribune, 29 December 2023 Key property
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