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Dubai's property market is on fire, with record-high demand for real estate in the city during the first two months of 2023.
Mon, 02/06/2023 - 09:06|DEU
Why plummeting German property prices hurt tenants?

German real estate prices have risen for over a decade, thus a decline is to be anticipated. Tenants should expect to pay a larger monthly payment as a result. The German housing market is currently experiencing the effects of rising interest rates, high building prices, and record inflation. And it affects both homebuyers and renters. Real estate prices are beginning to drop in some areas, but many people still can't afford to buy a home because obtaining a mortgage has become much more difficult as a result of the current

Tue, 01/31/2023 - 06:52|World
Canadian Real Estate Prices to Drop Double-Digit, Delinquencies Rise

Credit rating giants predict Canada's real estate downturn will continue in 2019. Fitch Ratings predicted lower home prices in 2023. After three decades of unchecked price growth, affordability is at an all-time low. As home prices adjust, high rates will reduce demand. Delinquencies will rise sharply as the market cools. Next Year, Canadian Home Prices Will Fall Canada's real estate prices are falling, according to Fitch Ratings. Prices are expected to fall 5%–7% in 2023, down 15% nominally from peak to trough. Inflation makes nominal terms important. 2024 will see

Mon, 01/30/2023 - 07:18|World
What will happen to UK real estate investors this year?

The next few years will be difficult ones for the European property market. Earlier this month, real estate investor association INREV released the results of a survey showing that European real estate investors were the most conservative in the world, with 37% planning to reduce their real estate allocations over 2023 and 2024. This was in contrast to 20% and 5% of North American and Asian Pacific investors, respectively. However, when you start looking under the surface, you start to see that there are indeed some national differences within Europe

Mon, 01/30/2023 - 06:49|World
UK commercial property slumps as investors flee

According to (Reuters) - On Jan 26, an industry survey showed that higher borrowing costs are hurting Britain's commercial real estate property sector, as investor enquiries fell in the fourth quarter and the outlook for the year worsened. 83% of respondents to the Royal Institution of Chartered Surveyors (RICS) quarterly commercial property survey believed the market was in a downturn, up from 81% a quarter earlier. Nearly half thought this downturn was early. Since the beginning of the pandemic, RICS has seen a positive balance of -30 of respondents citing

Sun, 01/29/2023 - 07:32|World
Bank of Canada Forecasts Further Drop in Real Estate Prices

The Bank of Canada is pessimistic that the current real estate downturn will soon reverse. In its most recent Monetary Policy Report, the Bank of Canada (BoC) outlined its forecasts for the Canadian housing market (MPR). The Federal Reserve believes that falling home sales will stabilize soon. But that won't be enough to stop housing from dragging the economy or to stop prices from falling even further. Even in the areas that have experienced the most growth over the past two years, they expect prices to continue to fall. You

Sun, 01/29/2023 - 07:28|World
December's UK housing market slumped

December's UK housing market slumped According to HMRC (UK Revenue and Customs), the number of residential transactions fell to 108,960 in December, down 3% from November and 1% from December 2021. Even though the real estate market typically slows down in December, Emma Cox, managing director of real estate at Shawbrook, predicts that prices will continue to fall in the first half of the year, so she hopes that the new year will bring a renewed burst of activity as buyers look to secure deals. Although mortgage rates are still

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