BENGALURU : The outlook for most major housing markets has improved slightly from three months ago despite high interest rates, according to Reuters polls of property analysts who were mostly split on whether affordability would worsen or not.
The Reuters polls of around 100 analysts taken May 15-June 5 showed house prices in the U.S., Canada, Germany, Australia and New Zealand either stagnating or falling less than analysts had predicted three months ago. The outlook was little changed for Britain and in India where prices have kept rising.
Analysts across markets covered who answered an additional question were nearly split on purchasing affordability for first time buyers, with 45 saying it would worsen and 43 saying it would improve.
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