I assume your question is related to Singapore.
The residential housing prices are near their peak and may go slightly higher until this year end or middle of next year. Beyond that, it is always a big question.
Good luck.
2006-06-14 01:56:06
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answer #1
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answered by glib 3
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Because of inflation the Prices are bound to go upwards, also adding to the factor are the increasing foreign direct investment in the real estate who find it cheaper to invest in Indian market.and increasing Interest rates..because of which the construction companies will slow down a little on production which could cause a short term supply shortage and could increase the prices.
this is more prominent in the metropolitan cities than in 2 tier and 3 tier cities.. so it won't be a bad idea to invest in these 2&3 tier cities as the prices here will rise after some time when motros are overstuffed and out of reach price wise.
2006-06-08 00:42:20
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answer #2
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answered by nitinaghi 1
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What country, state, where????
Each place is different. Some areas, like Florida, I doubt it, they are falling fast there. California, in most areas, is softening too.
Other places are leveling off. Then places like Seattle are still moving briskly, though not as frantically as this time last year.
So, it depends on where you are and what happens in the economy. The feds are raising interest rates, talk of inflation coming, so things don't look good. Most likely, across the board in the U.S. things will be flat if not going down in some unfortunate places.
2006-06-08 00:38:28
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answer #3
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answered by MadforMAC 7
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Due to price hike in steel & cement industry the house
price definetly will raise. further one of sbi officials stated that
interest for housing loan also will increased.
2006-06-08 00:45:19
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answer #4
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answered by Yacob Antony 2
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i'm looking for the real estate bubble to burst soon. house prices can't go up forever.
2006-06-08 00:36:51
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answer #5
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answered by basket_case34 2
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what state?
2006-06-08 06:08:40
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answer #6
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answered by bear54 3
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