Global Housing Slump Deepens From US to China as Interest Rates, Risks Rise

Shaky property markets throughout a lot of the world pose one other threat to the worldwide financial system as larger rates of interest erode family funds and threaten to exacerbate falling costs. 

Reports this week have proven the US housing hunch stretched right into a fifth month, China’s dwelling gross sales slide continued and worth declines endured in each Australia and New Zealand.