Real Estate Markets Set to Normalize in 2023 After Nearly Three Years of the Pandemic Boom

What a difference a year makes.
At the beginning of 2022, real estate markets all over the world were up against huge demand, limited supply and high prices.
Looking toward 2023, the landscape has changed dramatically since central banks began raising interest rates last spring.
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https://www.mansionglobal.com/articles/real-estate-markets-set-to-normalize-in-2023-after-nearly-three-years-of-the-pandemic-boom-01672574407