From New Zealand to the US, Germany, China and Peru, the same phenomenon has tak…
From New Zealand to the US, Germany, China and Peru, the same phenomenon has taken hold: home prices are skyrocketing, and many buyers are panicking. Among the 37 wealthy countries that make up the Organization for Economic Cooperation and Development, house prices rose by almost 7% between the fourth quarter of 2019 and the fourth quarter of 2020 — the fastest year-on-year growth in the past two decades.
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