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.
Dubai’s real estate market thrives with 38% growth in off-plan transactions in Q2
Dubai is witnessing a robust surge in its residential real estate sector, due to its strong trajectory in off-plan property sales. In the first half of 2023, a remarkable 57 percent of off-plan transactions in Dubai were in the price range of AED500,000 to AED2 million, demonstrating the c...
Read more.6 Best Tips for Selling a House in Bad Condition, According to Real Estate Agents
The average home value in the United States is $348,853, a 1.2% increase over the past 12 months. That said, many properties go for a much lower price on the market. This is es...
Read more.Zillow and Redfin earnings reports reflect slumping real estate market
Redfin and Zillow Group‘s second-quarter earnings reports point to more pain in the real estate market as limited housing supply and climbing mortgage rates throttle transaction volume. Both real estate tech companies this week reported reduced revenue ...
Read more.Abu Dhabi Consolidates Real Estate Assets Under $12 Billion Firm
Abu Dhabi is consolidating key real estate assets under one entity, creating a $12 billion property giant to help bolster the emirate’s economic transformation efforts. As part of the deal, sovereign wealth fund ADQ and the emirate’s most valuable listed firm, International...
Read more.Lessons Learned From a Decade of Answering Real Property Questions
Q: For 10 years, Ronda Kaysen answered New Yorkers’ questions each week as The New York Times’s Ask Real Estate columnist. Now, as she shifts her focus to writing more feature articles for The Times, she looks back on what she’s learned. How did...
Read more.Trouble continues to mount in the office real estate sector: ‘You can’t get a loan today…
Rich Gottlieb has been with Keystone, a Philadelphia-based commercial real estate firm, for more than 18 years, and now he’s the company’s president and chief operating officer after a stint as senior vice president. Like countless others, he attributes the dis...
Read more.UAE real estate: Rental increase across Dubai properties to slow down in 2024
Tenants in Dubai hoping for a slowdown in rental hikes can expect some relief in 2024, according to a new study by industry experts. For one thing, mortgage interest rates remain stubbornly high and stood at 6.88 percent as of mid-July (afte...
Read more.Should I sell my house now or wait?
If you’re considering selling your home, it’s critical to understand the current real estate market dynamics. The volatility that dominated the market amid pandemic-related pressures is starting to ease, but that doesn’t mean ...
Read more.UAE casino: Dubai real estate faces rival market as RAK gears up to launch legal gaming
The emirate of Ras Al Khaimah is gearing up for the launch of the UAE’s first legal casino in 2027 by boosting its real estate sector, with many new luxury properties and substantial projects to rival Dubai and attract more of the world’s wealthy. The 18,500sq m casino, set...
Read more.D-FW relocation expert offers insight into local real estate market
Now at the midpoint of 2023, Deb Borrell, executive vice president for relocation services at Allie Beth Allman & Associates, shares the late...
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