Housing price increases in the priciest markets in the US, such as New York, are expected to slow down with the Republican tax plan coming into play, say analysts. Photo: AFP

US home price increases in expensive markets to slow as tax bill reshapes economy, analysts say

The Republican tax plan trims mortgage interest deduction and property tax deduction, which combined cut tens of thousands of dollars off homeowners’ taxable income

Topic |   International Property

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Housing price increases in the priciest markets in the US, such as New York, are expected to slow down with the Republican tax plan coming into play, say analysts. Photo: AFP
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