The fall in new listings in October may ease some concerns about forced home sales but, with the sales-to-new listing ratio declining again, it is still likely that the pace of house price declines will accelerate. Weaker home demand appears to be weighing on some types of housing starts but, amid strong immigration, that softness has been offset by a surge in purpose-built rental projects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services