House price forecast the house price forecast update from

The house price forecast update from August shows notable gains in areas with infrastructure spending boosts, predicting a 4.8% appreciation in relevant districts. Some fund managers are reallocating into targeted REITs accordingly. Alex Kerr of Capital Economics said a weak jobs market and high mortgage rates would “prevent house prices from continuing to grow at this pace over the rest of this year”. Factors affecting demand or supply — such as interest rates, rent inflation, expected house price growth and unemployment — should show up in buying and selling dynamics, making months supply akin to a sufficient statistic for house price growth. Short-term market projections align a stronger house price forecast with defensive stock plays. Analysts expect urban high-rise properties to gain 5% in value, indirectly boosting certain infrastructure developers' revenues.