Over the past couple of years, real estate investments have generated firm cash flow and returns. However, since the virus outbreak, the reality has quickly changed, and the real estate market has been hit hard across Europe. A range of issues have surfaced such as service providers struggling to reduce health risks for their employees […]
New UBS research shows Dubai real estate market is fairly valued compared to global peers after years of price declines. Dubai’s real estate market remains fairly priced compared to other major cities in the world after seeing six years of falling values after reaching a peak in 2014, according to new research. The UBS Global […]
London (CNN Business)Britain’s housing market is on a tear. Pent-up demand following lockdowns, a temporary tax cut, record low-interest rates, and government support for workers and mortgage holders have spurred a rebound that’s taken analysts by surprise. The average price of a UK home soared to an all-time high in September, according to leading mortgage […]
A no-deal Brexit seems to be becoming ever more likely as the crunch date of December 31 draws closer. The property market is currently booming, but experts have warned that the momentum cannot last. The economic uncertainty of a no-deal Brexit is likely to hit the sector just as the government support measures that are boosting […]
The coronavirus pandemic is driving rents down in San Francisco and across the region, reshaping a housing market that for the past decade has generated enormous profits for residential developers while displacing tens of thousands of workers from the inner Bay Area. Rents are down 9% from a year ago in San Francisco and over 15% in […]
Chinese investors are aggressively starting to purchase international properties once again. The rising demand for real estate from buyers in Asia may catalyze a prolonged housing market rally as seen at the start of 2001. Residential and luxury properties across many countries including Singapore, Australia, the Philippines, and South Korea are reportedly being bought up. Wealthy […]
Oakville, with picturesque Lake Ontario waterfront and countless pockets of luxury homes, has boasted a strong housing market over the past few years. This suburban market was primed for balanced conditions coming into the new year, with an expected five-per-cent increases in prices, according to the RE/MAX 2020 Housing Market Outlook Report. Oakville is a hot […]
According to the CoreLogic Home Price Index Report, national home prices saw a year-over-year increase of 5.4% in May — up from a 3.6% gain in April 2019. CoreLogic attributes the growth to a decrease in housing supply because of the pandemic. “Tight supply and pent-up demand, particularly among millennials, provides optimism for a bounce-back in […]
Here’s how international markets are reacting. Images: Getty More Australia has shut down auctions and open houses, significantly impacting the number of homes hitting the market. Beyond that, however, it’s too early to know just what impact the Covid-19 pandemic has had on house prices. The most recent figures show Australian property values rising 0.7 per […]
Last week, New Zealand started lifting its lockdown restrictions, kickstarting its frozen housing market. Transactions that were on hold are now completing (or “settling”, as it’s known), and buyers can view homes. Its property market is very similar to Britain’s, which could soon be thawing as we come out of lockdown. So can New Zealand show us the future […]
