Home costs continued to rise within the fourth quarter of 2023, pushed primarily by will increase in house costs.
In accordance with a report printed by the Central Financial institution, the Home Worth Index continued its upward development, registering a rise each on an annual and quarterly foundation.
With rising mortgage charges having a big impression on new mortgage demand, demand from overseas patrons normalizing, residential property provide rising and constructing materials costs stabilizing, the Home Worth Index is predicted to document extra modest positive factors within the close to time period .
This improve in total property demand got here from home patrons, whereas there was a lower within the variety of gross sales paperwork filed by overseas patrons.
Supply: Radio RIK / KYPE
KOS / AKO
