Looking at longer term growth allows us to view recent and short-term events more objectively. For example, Singapore has dominated the headlines with its recession-defying property price growth in the last 2 years, but in annual terms, its performance has been between 1% – 3%. Source: HM Land & Registry, data.gov.sg, hdb.gov.sg, Federal Reserve Bank of St Louis. Note: Data up to Q4 2022 except Aus & Japan
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