Real Estate

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Dubai’s real estate market is currently experiencing unprecedented growth, with 2024 projected to be another record-breaking year in terms of sales and property values. According to local real estate firms, the increasing demand for property, particularly in the luxury segment, is driving up prices across the city. This surge in demand comes at a time
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Despite the efforts to stabilize the economy, China’s property market is still facing challenges. Standard Chartered CEO Bill Winters expressed concerns about the ongoing turmoil in the real estate sector. Winters highlighted the difficulties in the investing environment in China, citing low consumer confidence and international investor confidence. Winters mentioned that the core issue behind
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The housing market is currently experiencing a shift in dynamics, with the supply of homes for sale increasing at a rapid pace. According to a recent report from Realtor.com, active listings in August saw a 36% year-over-year increase, marking the 10th consecutive month of growth. However, despite this positive trend, inventory levels are still 26%
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London landlords are facing a tough situation as they are selling their buy-to-let properties at record rates. The U.K. Labour government’s anticipated tax hikes are adding further pressure to what was once a lucrative investment sector. Data from property portal Rightmove shows that almost one-third of homes currently for sale in the capital were previously
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The latest data from the Mortgage Bankers Association reveals that mortgage demand is now heavily skewed towards refinancing. This shift is primarily driven by a consistent decline in interest rates over the past five weeks. Although total mortgage application volume saw a marginal increase of only 1.6% compared to the previous week, the majority of
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China’s housing market has been facing ongoing challenges despite numerous government stimulus efforts. According to JPMorgan economist Haibin Zhu, the current measures put in place have not been effective in supporting the sector. Home prices are still struggling to stabilize, with projections indicating that this trend may continue until 2025 at the earliest. Recent data
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REA Group, a property listings company owned by Rupert Murdoch’s News Corp, has recently expressed interest in acquiring U.K. property portal Rightmove. This potential takeover offer is seen as a strategic move to create a global digital real estate business. While discussions with Rightmove have not yet taken place, the announcement has already made an