Global Real Estate News
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Keep abreast of the latest global real estate news across 7 continents that impacts on your business.
New Zealand’s amazing house price boom
New Zealand’s house prices are rising rapidly again, the impact of the ban on foreign homebuyers having waned. During 2019, the nationwide median house price soared by 12.3% to NZ$629,000 (US$ 414,599), according to the Real Estate Institute of New Zealand (REINZ), a sha...
Read more.Hong Kong Is Global Capital for Real Estate Billionaires
Real estate is the main business for 256 of the world’s billionaires. Hong Kong is the city with the most real estate billionaires in the world with 26, accounting for more than 10% of the global total, according to a Hurun report released Friday. ...
Read more.Dubai leads in all key business sectors
Dubai is an exceptional city where the infrastructure and high-quality logistics services are the best of its kind in the region, as well as the most advanced infrastructure communication networks, which give Dubai a competitive edge. The real estate sector in Dubai is also counting on the ...
Read more.UAE- Enhancing value of your property
(MENAFN - Khaleej Times) All real estate markets are driven by a combination of short-term cyclical factors and longer-term structural influences, and the UAE market is no exception. As we enter a new decade it's interesting to raise our perspective above the short-term ma...
Read more.What Is An Earnest Money Deposit In A Real Estate Transaction?
Most buyers know that they need to spend money to buy a home, but few know that they need it so soon. The earnest money deposit is the initial deposit that a buyer makes toward purchasing a home, usually within a day or two of submitting an offer. Keep reading to learn what this deposit is,...
Read more.Central Bank committed to boosting UAE realty sector
The UAE has always been a progressive economy, with the right set of ingredients for growth across sectors. The nation's wise leadership, robust regulatory frameworks, open economy, and diverse demographics make for a resilient and sustainable economy. The country's real estate sec...
Read more.Japan’s housing market is mixed
The average price of existing condominiums in Tokyo rose by 3.91% in 2019 from a year earlier, a sharp improvement from a y-o-y growth of just 0.61% in the previous year. During the latest quarter, existing condo prices rose by 1.65%. Demand remains robust; supply is fallingExisting condom...
Read more.3 luxury real estate development trends to watch in 2020
Forget “location, location, location.” For luxury real estate today, it’s all about “lifestyle, lifestyle, lifestyle.” As a real estate agent for Coldwell Banker Residential Brokerage in Boston and a Coldwell Banker Global Luxury® Ambassador, I’ve watc...
Read more.Dubai luxury homes market to remain resilient in 2020.
The luxury residential market in Dubai will remain resilient in 2020. Expectation derives from existing and prospective local and foreign direct investment (FDI) into the construction and purchase of exclusive luxury homes in the city's prime residential areas. ...
Read more.Luxury Real Estate in Paris Offers Good Value, Growing Returns
High-end home values in Paris jumped last year, as deep-pocketed buyers were drawn to the city’s good value and investment stability, according to a report Thursday from Savills. Values of prime properties—defined as those priced at €2 million (US$2.2 million) and up—in the Frenc...
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