image image

Global Macro Research:

The unexpected resilience of global housing markets

Global Macro Research: The unexpected resilience of global housing markets

19 March 2024 Global macro

Global housing markets have held up better than expected through the rate hiking cycle. We think this strength could mean a slower rate cutting cycle than markets expect.

  • The global tightening cycle of the past few years has triggered only a moderate correction so far in the global housing market
  • Housing has generally held up better than anticipated and is even showing signs of recovery ahead of the global monetary easing cycle
  • However, the housing market’s resilience amid easing financial conditions may derail the timing of global rate cuts
image
Click here to read the full whitepaper
1064 kb
Back to top