Residential Prices Further Corrected in Q3, Transaction Numbers Fell by 22% Q-O-Q as Interest Rates Rise, Market Could Stabilize in Q4, Focusing on Primary Sales

Written by Media Outreach

Interest rate hikes and pandemic uncertainties slowed the secondary market in Q3, with transactions for the quarter expected to reach 11,600 deals, a fall of 22% q-o-q

Home prices further declined across market segments in Q3, with mass and middle markets expected to experience more notable corrections

A trend-down in COVID...

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