Latest News

The Federal Reserve's moves to raise interest rates over the past year have had a significant impact on the housing market.
Wed, 03/15/2023 - 15:05|ARE
Dubai's property boom led to 50% rent hike, affecting residents

Key points Value Residential transactions in Dubai in Jan-Feb 2023 17,741 Surge in residential transactions in Dubai in Feb 2023 43.9% Selling price increase in Dubai in year leading up to Feb 2023 11.5% Average rent increase in Dubai between Feb 2022 and Feb 2023 27.7% Availability of properties in Dubai 8% Increase in apartment rent on Palm Jumeirah, Dubai 260,467 dirhams ($70,920) annually Increase in villa rent on Palm Jumeirah, Dubai 1,017,614 dirhams ($277,079) annually According to a report published by real estate services firm CBRE, the residential market

Mon, 03/06/2023 - 13:55|World
Russian Buyers Lose Ground in Dubai's Booming Property Market

According to a real estate agency, the mean cost of properties purchased by Russians in Dubai within the previous year was $1 million, with some individuals acquiring up to ten units at this price point. Since the commencement of the Russia-Ukraine conflict, there has been widespread coverage of Russian citizens leaving their homeland, with conjecture suggesting that sanctions have driven them towards the Middle East, particularly Dubai, rather than Europe or the United States. A significant exodus of Russians was particularly noticeable during the onset of the war and again

Mon, 03/06/2023 - 12:58|USA
Nuclear Accord Failure Sparks Concern

According to, The National Association of Realtors report on the US real estate market showed a 0.7% drop in home sales in January, which added to investor worries. In addition, Russian President Vladimir Putin's suspension of the nuclear arms control treaty with the US further disrupted global markets. Morgan Stanley's chief US equity strategist's warning of a potential "death zone" for the stock market, with a potential 26% drop, also fueled investor fears. The crypto economy, gold, and silver prices all suffered drops, alongside the stock indexes. The DJI

Wed, 03/01/2023 - 12:23|World
Decoding the Future of House Prices: UK, US, Europe & Beyond

In recent times, we have seen house prices falling rapidly around the world. The trend is widespread - houses in Sydney, Stockholm, San Francisco, Auckland, Toronto, Seoul, and many other cities are experiencing record-breaking declines. In Germany, the fall in house prices is the most significant in two decades. France is predicted to experience a decline of 5% to 7% this year, while Spain is also starting to report price drops. So, what is the reason behind this global mini-crash, and what can we learn from what is happening in

Mon, 02/27/2023 - 12:31|World
Top 3 Real Estate Investment Predictions for 2023

Despite a high demand for housing and rentals this year, foreclosure activity is also on the rise. In light of a possible recession and increased unemployment rates, more homeowners could face foreclosure. According to ATTOM's recent report, foreclosure filings have increased by over 64% since 2022. In November of that year, one in every 4,580 housing units underwent foreclosure, with varying levels of activity across different states. California, Texas, and Florida are among the states with the highest levels of foreclosure. Foreclosures offer new opportunities for real estate investors, but

Mon, 02/27/2023 - 11:45|World
Real Estate Report 2023

The limited housing supply in the nation, coupled with homeowners who purchased homes with low mortgage rates in recent years choosing to stay put, is a major contributor to the inventory problem. New home construction has also been on the decline for the past five months, exacerbating the issue. Despite the high prices, homes remain unaffordable for many, particularly first-time homebuyers. While home prices remain elevated YoY, they're not as astronomical as they were in early 2022. The direction home prices take in 2023 will depend on mortgage rate trends

Most Popular

Jul 28 | World | 1 minute
We are delighted to announce that housify launched it's data factory in more than 12 countries as the first step…
Sep 26 | World | 2 minutes
Just to be clear, "flipping" is the practice of buying a house and then selling it quickly for a profit,…
Oct 12 | GBR | 2 minutes
The Scottish government has passed a measure that modifies the laws governing rented housing and institutes a rent…


Mar 26 | USA | 5 minutes
After a streak of 131 months of price growth, median existing-home prices declined by 0.2% to $363,000 in February…
Mar 15 | ARE | 8 minutes
Key points Value Residential transactions in Dubai in Jan-Feb 2023 17,741 Surge in residential transactions in Dubai in…
Mar 6 | World | 4 minutes
According to a real estate agency, the mean cost of properties purchased by Russians in Dubai within the previous year…

Most Recent On HOUSIFY

16 Feb 2023|France
Opportunities and Challenges Ahead As we step into 2023, the French Property Market is facing some immediate challenges. Despite this, the market is set to remain strong and stable, with opportunities for savvy investors...
31 Oct 2022|United States
Various methods for investing in real estate Your home is usually the first thing that springs to mind when you think about real estate investing. Of course, real estate investors have many additional possibilities for...
31 Oct 2022|United States
Save money by taking advantage of these tax breaks and credits Are you considering purchasing a home? There are numerous benefits to purchasing one. You can decorate it to your liking, install a professional home...