Category: house market

Ardern Government to Cool New Zealand’s Overheating Real Estate Market

March 25, 2021
Asia & PacificAustraliahouse marketInternationalNew Zealandnew zealand housingWorld
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The New Zealand government is placing a bottleneck on the nation’s overheating housing market after the price of housing grew exponentially, making it one of the most unaffordable real estate markets in the world. The policy change by the Ardern government was announced on Tuesday and will involve a series of measures which include raising…

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UC–Irvine Professor Shares Optimistic Economic Outlook

March 25, 2021
economic forecasteconomyhouse markethousinginflationOrange CountypandemicRegional-Local NewsshoppingSouthern Californiasupply and demandUniversity of California–IrvineUS
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A University of California–Irvine professor shared high financial hopes for Orange County and beyond during a March 25 presentation. During an event hosted by the Newport Beach Chamber of Commerce, economist Chris Schwarz forecasted the country bouncing back and returning to normalcy this year. “Things look really good for the economy,” he said. “I do think this is going to be a…

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