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For the world’s wealthiest, paying cash for a lavish Manhattan apartment was the ultimate status symbol. These days, even those buyers would rather get a mortgage.
Sales of private apartments in Singapore rebounded in November amid concerns a property glut could halt a nascent price recovery.
Welcome to Monday. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:
China’s home-price growth slowed for a sixth straight month in November, with developers offering deeper discounts in a lackluster market.
U.K. house prices should rise by 2% next year on the back of Boris Johnson’s election win, according to property website operator Rightmove.
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