Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Property prices are tumbling in the US, Germany, Sweden, Denmark and the UK. Learn more about getting control of your finances using my 3-Step Money Management Formula on my free training webinar CLICK - https://bit.ly/3QPp8IH Higher interest rates and borrowing costs are hitting the property market across the globe. The FT reports that there will be a global property meltdown this year, especially in overheated markets like Canada and New Zealand. Watch video: https://youtu.be/WuYN_qSY6s8 The property market in China is now at the slowest pace since records began in 1992 – down 26% last year. Home prices in several US cities are crashing, following a recording boom from 2020-22, including Houston, Sacramento and Las Vegas. The cost of a 30-year fixed rate mortgage hit 7% recently, more than double the rate in 2022 and the highest since 2008. Mortgage demand in the US is at its lowest for 25 years and house sales fell by a quarter last year. Denmark has suffered the biggest fall in a decade, where house price