In 2024, U.S. home price valuations are near historic levels, falling just shy of 2007 peaks.Across many global markets, home prices have accelerated over the last decade driven by ultra-low interest rates, limited housing stock, and high demand. While the recent rise in rates has dampened some markets, others are shrugging off tighter financing conditions.This graphic shows home price growth in real estate bubble markets over the last decade, based on data from the UBS Global Real Estate Bubble Index 2024.
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11 sats \ 1 reply \ @Satosora 28 Oct
Prices are this high because of inflation.
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0 sats \ 0 replies \ @0xbitcoiner OP 28 Oct
I haven't seen the report in depth, but it seems that inflation has an undeniable impact, but it doesn't seem to be just that. Demand has been high in relation to supply.
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