Affordability crisis hit tens of millions of Americans and stopped potential homebuyers of their tracks. If mortgage charges had been to maneuver larger in 2024, that would have a direct chilling effect on homebuyers and we might see residence costs right down very quickly, which might trigger the housing market to come back to a standstill. The luxurious property market in India experienced significant growth in 2023, with sales worth of homes priced at Rs 50 crore and above reaching Rs 4,319 crore, a notable enhance from the previous yr.
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