1. The Housing Sector, Interest Rates and Unemployment Examined
Introduction The housing trade is for the most part influenced by a few recurring issues, which includes interest rates, employment levels, demographic shifts and consumer confidence. Each of these measures, with the exception of consumer confidence, presently sustains a well-built housing market. In particular, interest rates are still low by historical standards, and the yield curve infers that rates will continue to be ... 2003. Over the past five years, real house prices have increased at average annual rates of 8%-12% in Australia, UK, Ireland, the Netherlands and Spain. In these six econ...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate