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The cheaper you make mortgages — via negative interest rates — the more house prices go up as the supply of buyers enjoying easy cash increases.
The share of people who cite rising home prices as the reason why it's a good time to buy is at the highest level of the survey's history, going back to the late 1980s. It's "a case of expected asset inflation becoming a self-fulfilling prophecy," the economist David Rosenberg said.
According to Acadata, house prices in the capital fell to an average of £593,396 in January, an annual fall of 2.6%.
While two properties in Hong Kong sold for $149 million, a record 88,000 families applied for subsidized housing in one of the world's most expensive cities.
Here’s what you can buy in 10 stunning cities around the world for the price of a one-bed London flat
You can get a seven-bedroom mansion complete with a swimming pool in South Africa for the same price as a one-bed flat in the UK capital.
Home prices across the world are slowing down, but these 19 top the list.
Affordability is worse in several other cities.
The balance of power in the US housing market will shift from sellers to buyers by 2019, according to experts surveyed by Zillow.
San Francisco’s out-of-control housing market might start looking more ‘normal’ by the end of the year
The city is one of the most dire examples of the current housing crunch, in which potential homebuyers are plentiful and ready but inventory is insufficient.
"The struggle will continue for home shoppers this summer."