Rubix-navigation

Friday, March 29, 2024
Ha Noi:
TP HCM:
Da Nang:
Singapore:
Phnom Penh:
Jakarta:
Vientiane
Kuala Lumpur:
Yangon:
Manila:
Bangkok:
AUD-VND:
USD-VND:
GBP-VND:
JPY-VND:
THB-VND:
SGD-VND:
KRW-VND:
MYR-VND:
EUR-VND:
Dow Jones:
S&P 500:
FTSE 100:
DAX:
CAC 40:
NIKKEI 225:
Hang Seng:
VN:
en vi
Latest news

Quarterly bulletin 2nd Quarter 2022

Rubix Navigation
July 05, 2022, 17:30 GMT + 7
  • Home prices around the globe are decreasing as central banks increase interest rates to reduce inflation.
  • International hotel chains are accelerating expansion plans across Asia - Pacific, betting on a post-pandemic recovery as regional countries gradually reopen to international visitors. 

Home prices around the globe are decreasing as central banks increase interest rates to reduce inflation. In Asia - Pacific, private home prices have begun falling in Sydney and Hong Kong while values in Singapore have barely risen as buyers are wary of rising mortgage rates and economic headwinds. In addition, taming frothy home prices is a key part of many policymakers’ goals as they seek to quell the fastest inflation in decades. However, as markets shudder from prospects of a global recession, a slowdown in housing may erode household wealth, dent consumer confidence, and deepen an economic slump. In this context, skyrocketing construction costs are threatening the market recovery, which may drive up home prices and hinder the supply in the future.

X
Your comment:
There are no comments for this article.