Investment Analysis

In its July 2021 World Economic Outlook Update, the International Monetary Fund (IMF)affirmed its 2021 growth forecast for the global economy at 6%, amidst accelerated vaccine distribution and new government stimulus efforts in many countries, particularly in advanced economics. The global economy contracted by 3.5% last year.

House price increases have accelerated to an amazing extent in many countries in Europe, Asia-Pacific, and the U.S. and Canada. The magnitude of this boom is utterly unprecedented. Low interest rates and monetary easing must be assumed to be the main cause.

House price increases have been accelerating in many countries in Europe, Asia-Pacific, and the U.S. and Canada.

House price increases strengthened in many countries in Europe, Asia-Pacific, and Canada and the US during the year to Q3 2020. Real house prices (i.e., prices adjusted for inflation) rose in 43 out of the 55 world’s housing markets which have so far published housing statistics.