Asia-Pacific Housing Markets Show Cracks Amid Renewed Headwinds
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Housing markets in Asia-Pacific have shown resilience, but signs of renewed slowdowns are apparent, like in Australia.
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China's housing market faces continued struggles due to oversupply and falling demand. Delayed project delivery could become a social stability issue.
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Even in more stable markets like Hong Kong and Singapore, housing recovery has stalled or reversed.
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Japan has been shielded so far, but an end to negative rates could lead to rising mortgage rates and falling prices.
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The mixed housing picture across Asia-Pacific means more pain still lies ahead for some key markets.