FILE PHOTO: A general view of a construction site for luxury residential apartments at the reclaimed West Kowloon in Hong Kong October 25, 2013. REUTERS/Tyrone Siu
With several risks still at play, house prices in Australia, India, Dubai, Britain, Canada and the United States were forecast to fall this year and next under a worst-case scenario. While the availability of affordable homes has been a chronic problem there for several years, the main risk is unemployment, which has jumped from record lows to record highs within a couple of months and is expected to remain well above pre-COVID levels until at least 2022.
More than 80% of nearly 100 respondents said the recovery to pre-COVID-19 levels would be “gradual,” or “slow and long.” The rest said it will be quick or it already has.
Source: Financial Digest (financialdigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vice Promotes Subrata De To Global Head of Programming and Development for Vice NewsEXCLUSIVE: Vice Media has made a number of senior promotions in its global news division – including new roles for Subrata De and Maral Usefi. De becomes EVP and Global Head of Programming and Deve… Vice is disgusting
Source: DEADLINE - 🏆 109. / 63 Read more »
Saban Music Group & UMPG Enter Global Administration AgreementEarlier this year, Saban Music Group announced a global distribution and marketing agreement with Universal Music Group. SabanMusicGroup UMPG Oldnika Floppaj is now the fad of rap
Source: billboard - 🏆 112. / 63 Read more »
ASAI is releasing an exclusive poster to help fight global injusticeThe £25 poster features a photograph by Oliver Hadlee Pearch, and features four gorgeous ASAI models – with proceeds going towards supporting Black mental health, preventing poverty in the Dominican Republic, and more.
Source: i_D - 🏆 32. / 68 Read more »
Global Economy Shows Signs of Pulling Out of Its SlumpThe global economy is gradually starting to pull out of its stall as lockdowns ease, according to surveys of purchasing managers, with output contracting at a slower pace in much of Europe and Asia this month, and in some instances expanding. Long and bumpy to me is slow and steady, unlike TinyHandswithnoplans way. it is in recession. It need more time and hard work in patient. FED's behaviors such as printing trillion dollar paper money will completely collapse the process. Let's see Wszystko się nadrobi
Source: WSJ - 🏆 98. / 63 Read more »
Global Advertising To Fall 10% In 2020; Brazil, Japan, UK Among Hardest-Hit – ReportA new forecast from agency giant GroupM sees total global advertising declining 10% in 2020, counting U.S. political dollars, with international damage the worst in countries like Brazil, Japan and…
Source: DEADLINE - 🏆 109. / 63 Read more »
Global Hangout: Ask the ExpertsGLOBAL HANGOUT: As lockdown measures are eased around the world, a cluster of new COVID-19 cases has been found in Beijing, China. Scientists are... It solves the toilet seat debate too if everyone puts the lid down It's hilarious how all the 'news' outlets like CNN and MSNBC have been riding this CCPVirus poop train for days now and still haven't said a word about the Seattle serial killer. so you are saying all of the shit coming out of trumps mouth and the white house is causing more cases
Source: NBCNews - 🏆 10. / 86 Read more »