(The Federal Reserve’s goal for the inflation price is 2%.) Yun mentioned an “oversupply” of new condo units will hit many housing markets within the coming months, which may bring rental charges down and help better control Real Estate News inflation. Hopefully, he added, that can disincentivize the Fed to proceed raising its short-term rates. EdgeProp.my is Malaysia’s most helpful property website for home buyers and buyers.

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Commercial property has obviously been hit by increased interest rates, and there has been a correction, relying on the place you are actually, 10 per cent plus by method of values. There is prone to be a continuation of that over the course of actually the first half of this yr, as rates begin to come back down globally and the pressures on pricing ought to begin to ease. I would say that most activity takes place domestically, however the abroad market does grow 12 months on yr. And definitely, in markets like London and New York, we observe fairly excessive penetration of cross-border funds into those markets.