Morocco sees drop in real estate transactions amid slowing demand

Morocco’s real estate index decreased by 0.7% in the final quarter of 2022 compared to the previous quarter, a report from Morocco’s central bank Bank Al-Maghrib (BAM) shows. The fall in the real estate index is primarily the cause of a 1.3% price drop in housing assets and a 1.7% decrease in the price of commercial real estate, according to the…

Australian building permits rose 18.5% in December 2022

The total number of building permits issued in Australia jumped 18.5% in December, coming in at 16,556, the Australian Bureau of Statistics said. That was in line with expectations following the 8.8% drop in November.  Building permits are key indicator of demand in the housing market. Permits for private sector…

  • Casa Odyssia residence overlooks the Ionian Sea

    On a hillside off the coast of Corfu island in Greece, Casa Odyssia overlooks the Ionian Sea. The impressive Doric residence is a project of the architectural office Konstantinos Stathopoulos KRAK Architects. Inspired by the classic tale “The Odyssey” by Homer – telling the story of the Greek hero Odysseus,…

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