With tariff disruptions in the news right now, it’s unsurprising that there are so many questions about the property market, and how we’re affected by all this. The blunt answer, when it comes to such top-level economic issues, is that we’ll never know for sure – there are so many variables, from materials costs to developers to capital flight – that could change things for the better or worse (quite likely a bit of both). There is, however, a semblance of consensus over some issues on the ground. Here’s what we’re hearing from various industry experts:

1. Potential changes to mortgage interest rates

It’s uncertain right now whether interest rates will go up or down in light of the tariffs. Part of this boils down to how independently the US Federal Reserve will act, in spite of the White House calling for lower rates. One possible outcome of tariffs is high US inflation, due to factors like cost-push inflation and domestic price...