Experts warn: U.S. home prices may plunge 20%,will endanger the global housing market

Buying Real Estate
The rapid spike in mortgage rates since 2022, accompanied by the Federal Reserve’s determined fight against inflation and constant aggressive interest rate hikes, has cooled the U.S. real estate market significantly, leading to falling sales and pressured home prices. According to a report last week by Redfin, one of the largest U.S. real estate platforms, the total value of U.S. homes fell by $2.3 billion in the second half of last year.

U.S. 30-year mortgage rates peaked at 7.3 percent in October last year, then mortgage rates fell back significantly, reaching a recent low of about 6 percent in January this year, but still well above the level of about 3 percent at the beginning of last year. Recently, however, rates have been rising again in line with the pace of the rise in U.S. Treasury yields, resuming their rise to sit at an average of 6.88% as of last Friday.

🔔BAN Chinese Citizens From Buying Real Estate
https://www.youtube.com/watch?v=1TVgyukQWDM

🔔Diversification of foreign exchange reserves, further reduction of dollar weighting
https://www.youtube.com/watch?v=cSaaMLsItec

🔔BAN Chinese Citizens From Buying Real Estate|42 trillion US ASSETS IN DANGER
https://www.youtube.com/watch?v=aGYPH0f3aNQ

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