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Why real estate prices are soaring around the world

2021-09-28T18:52:29.371Z


DECRYPTION - Many countries have seen prices soar. This situation weighs more and more on the middle classes.


The stone is often used as a safe haven.

In times of crisis, the reflex of caution encourages investing in real estate.

This rule is confirmed in the face of the Covid pandemic.

Prices, which were already high before the arrival of the virus, supported by very favorable monetary policies, until the risk of a bubble hovering, continued their upward slope.

Several countries recorded double-digit increases this year.

The Goldman Sachs bank estimates, in a study published this month, that several markets are

"overheated",

citing the United States, Canada, Great Britain and especially New Zealand, where the soaring 30 % arouses the concern of the central bank.

See also

Real estate: prices in the cities of Île-de-France

The rise is also increasingly rapid in the euro zone, underlines Oxford Economics, which forecasts + 8% in the fourth quarter,

"at the highest for thirty years".

In the lead, Germany - but there is a catching-up effect because prices were starting from afar - and the Netherlands, with peaks of 15%.

Housing prices

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Source: lefigaro

All news articles on 2021-09-28

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