Chart of the day: House prices are slipping, and we're not alone

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Many other developed economies that enjoyed the tailwinds of low interest rates are now experiencing the same headwinds pushing back on prices.

 

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Stephen_Letts OliviaR11203007 House prices are artificially INFLATED, a nasty side effect from money printing to fight the 2008 oil price shock and the ensuing financial crisis

House and property prices NEED to fall to give greater equity in the housing market for ordinary people. That way there isn't a 'wage push' and profits will fall. Trickle-down does not work. We NEED Greater equity across regions.

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