Real Estate

bidding wars, cash offers drive up home prices

0


Singapore has hinted that unvaccinated travelers may be subject to longer quarantine periods and additional testing.

franckreporter | E+ | Getty Images

SINGAPORE — Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic.

Optimism has also gained steam as vaccination rates gain pace, and some countries move toward a post-Covid recovery.

As companies move to a hybrid work model — a mix of working from home sometimes, and in the office at other times — demand for larger homes has also picked up, analysts say.

The overheating in property markets across some Asian cities has led to wide expectations that governments will…



Source cnbc.com

0 0 votes
Article Rating

Elon Musk reacts to Gov. Greg Abbott’s comments

Previous article

As stimulus checks end, job growth to power economy, NRF chief economist says

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Real Estate