By Robin Rothstein Forbes Advisor Staff Getty It’s May, but the spring homebuying season has yet to bloom—and it may turn out to be a total dud. Mortgage rates increased 15 basis points in April, while pending and existing home sales slumped in March. Though the median existing-home sales price edged lower year-over-year for the […]
KEY POINTS Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to implode. Following March’s banking crises, fears have arisen of a so-called doom loop, in which a potential bank run could trigger a property sector downturn. European funds invested directly […]
Property values in south of England fall most, while West Midlands records strongest growth Cottages in Kingswear, Devon. The south-west was among the regions recording house price falls over the past year. Photograph: ColsTravel/Alamy Annual house price growth across the UK has slowed to the lowest level in more than a decade, with property values in […]
Dubai records Dh10.4 billion in weekly real estate transactions A total of 3,050 real estate transactions recorded during the week The DLD report showed that 189 plots were sold for Dh1.19 billion, 2,239 apartments and villas were sold for Dh5.11 billion. A total of 3,050 real estate transactions worth Dh10.4 billion were conducted during the […]
Foreign investment in the Greek real estate market, especially housing, recorded an all-time high in 2022. According to data from the Bank of Greece, 1.975 billion euros flowed into the local realty market from abroad last year. That was 68% higher than in 2021, when the corresponding amount had not exceeded €1.17 billion. At the […]
Introduction: Halifax shows annual house price growth fizzling out Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Annual house price inflation in the UK has slowed to its lowest in a decade, as the market stabilises after last autumn’s turmoil. Lender Halifax has just reported that […]
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 […]
