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COVID Impact On Global Housing Finance Market 2020-2025

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COVID Impact On Global Housing Finance Market 2020-2025

December 30
19:40 2020
COVID Impact On Global Housing Finance Market 2020-2025
The negative effects of the COVID-19 are extreme to such an extent that it has challenged the survival and growth of U.S Mortgage Industry that has an outstanding debt balance of around USD 15.6 trillion.
  • The U.S Mortgage Industry is expected to collapse again due to the COVID-19 pandemic. The stimulus package of USD 2.2 trillion announced by the US government which provides a mortarium period of up to 1 year on housing loans saw an increase in the forbearance request by 1,896% between March 15-March 30 indicating of possible increase in the number of defaults.

  • The Asian Mortgage Industry is also under severe pressure as two major economies ,India and China struggle to revive growth in the sector. While China reported a fall in real estate investments and lending by around 5 %, in India ,the IL&FS crisis and the pandemic has impacted the sector .Stress in affordable housing sector is expected and property developers are expected to cut rates by 10-15 % to revive demand.

  • Illiquid housing market with little to no activity – making it difficult to value property – depressing real estate markets impact developers and contractors

  • Housing developers facing liquidity crisis as cash-flows dry up due to reduced demand and financing for end borrowers.

Download sample-   https://mobilityforesights.com/product/housing-finance-market/

 

  • The European Mortgage Market has grown massively in the last ten years fuelled by rising house prices, low interest rates, increased availability of credit and increase in the availability of new products and services. 

  • The U.S Mortgage industry is an important part of the financial market of the U.S economy and is considered as the most complex housing financing market in the world.

  •  In China, the mortgage lending is slowly decreasing which indicates a warning signal for the economy as real estate growth is an indicator of economic growth in the economy.

  • Climate change will permanently affect housing demand in areas that are already or could become more exposed to natural disasters, if they fail to attract new buyers. 

  • In case of India which is expected to overtake China to become the most populous country, the demand for housing finance is expected to gain momentum due to growth in population and migration to large cities.

 

Download sample-   https://mobilityforesights.com/product/housing-finance-market/

COMPANIES PROFILED

  • U.S Bank Corporation 

  • Bank of America 

  • J.P Morgan 

  • Chase 

  • Wells Fargo 

  • HSBC

  • Lloyds Banking Group 

  • Barclays

  • LIC Housing Finance 

  • Dewan Housing Finance 

  • Royal Bank of Scotland

THIS HOUSING FINANCE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. Housing Finance Market size and Forecast , by region, by application
  2. Average B-2-B price for Housing Finance Market, by region, per user
  3. Technology trends and related opportunity for new Housing Finance Market tech suppliers
  4. Market share of leading vendors, by region,
  5. Coronavirus impact on Housing Finance Market earnings

Media Contact
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address:HAL 2nd stage 204,56/2
City: Bangalore
State: Karnataka
Country: India
Website: https://mobilityforesights.com/


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