From Hong Kong to Malaysia, property markets set to decline – Nikkei Asia

SINGAPORE — Asia’s property markets are poised for a sharp fall in prices, with higher interest rates making housing less affordable for average buyers, a study published by the International Monetary Fund warns.

From Hong Kong to Malaysia, the study points to flattening home prices in Asia, following a property boom that surged with the onset of the COVID-19 pandemic. This could lead to corrections as a downturn looms.

The original article can be found here