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How the world’s top 15 luxury housing markets will perform in 2020

Paris will have the hottest luxury housing market in 2020, according to Knight Frank. Global consultancy firm Knight Frank forecasted how the world’s top-tier luxury real-estate markets will perform in 2020. Paris will be the world’s hottest luxury housing market in 2020, with prices expected to grow by 7%, according to the report. High-end real-estate in the French […]

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Dubai sees ‘first signs of growing confidence’ in property market

Chestertons delivers upbeat analysis on 2020 real estate prospects in Dubai amid slowing price declines and stabilizing rental rates. Dubai’s real estate market could be seeing the first signs of growing market confidence, according to new research. Chestertons said this is a result of a notable slowdown in apartment sales price declines and the stabilization […]

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Rics: Political chaos pushes London house prices down in November

Brexit has cast uncertainty over the housing market in 2019 (via Getty Images) Political uncertainty held back London house prices in November, a new survey has shown, with gauges of demand and sales stuck in negative territory. Property company owners are hoping that today’s General Election will provide a clearer political and economic picture that […]

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Sydney posts strongest growth in 31 years

Sydney’s housing market is on track to recoup the 15 per cent loss in prices suffered during the 18-month downturn early next year and reach a new record high by March. Property prices in the harbour city surged 2.7 per cent in November, the highest monthly growth rate since 1988, while Melbourne property values grew […]

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Singapore property market faces risks from unsold units, uncertain economy: MAS

SINGAPORE: Singapore’s property market faces “potential downside risks” from a large supply of unsold units in the medium term and an uncertain economy, said the Monetary Authority of Singapore (MAS) on Thursday (Nov 28). In its annual Financial Stability Review, the central bank urged prospective buyers, especially households that are highly-leveraged, to be mindful of […]

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UK house prices rise despite uncertainty over Brexit and election

UK house prices rebounded in November despite continued uncertainty around the outcome of Brexit and the upcoming general election, according to Britain’s biggest mortgage lender. The average price of a home rose 1% to £234,625 last month, Halifax said, marking the largest monthly rise since February. It signals a slight recovery after two months of declines and […]

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NY property buying rules get bent in ‘scary’ market

New York developers have taken the rare step of easing down payments for residential properties to entice buyers in a sluggish market. The hard-and-fast rule for those hoping to own a New York City apartment was that they must come up with 20 per cent of the purchase price in cash, a formidable barrier to […]