A rise in interest rates makes the property costlier. Consequently, the demand for property decreases. Usually, due to the decline in the number of buyers, the prices also show a decline. This happens to attract more buyers.
However, the rise and fall of the interest rates is fleeting. Thus, the variations are short lived.
Holidays are the best periods to avail discounts. Retails and malls offer different types of sales in order to fetch maximum customers during holidays and celebrative seasons. As a result, the demand for homes or property suffers and the property prices fall. This is a fair time of investing in real estate.
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