Germany’s construction sector activity contracted at the slowest pace in 16 months in September, but remains deep in contraction territory survey results from S&P Global showed on Friday (Oct. 4). The HCOB Germany Construction PMI Total Activity Index – a seasonally adjusted index tracking changes in total industryactivity- rose to 41.7 from 38.9 in the…
Read More
The seasonally adjusted estimate for the number of dwellings approved in Australia fell 6.1% on month in August, after rising 11.0% in July, the Australian Bureau of Statistics said. The seasonally adjusted estimate for private sector house approvals rose 0.5%, after rising 0.9% in July. Private sector dwellings excluding houses approved fell 16.5%, following a…
Read More
Despite rising home prices and mortgage rates, aspiring real estate investors can still find hidden gems in affordable metros across the U.S., Realtor.com says. The real estate listing website unveiled a list of the top U.S. markets for property investment, showcasing opportunities for savvy investors in less obvious but highly promising markets, with the spotlight…
Read More
Irish house prices will rise by 4.5% over the next 12 months, according to estate agents who are members of the Society of Chartered Surveyors Ireland (SCSI). This is up on the 1% increase which SCSI agents forecast for 2024 back in January. According to the latest SCSI Mid-Year Market Monitor released in August…
Read More
The National Association of Realtors released a report on Thursday (Sept. 19) showing that existing-home sales dipped in August. Three out of four major U.S. regions posted sales declines while the Midwest registered no change. Year-over-year, sales slipped in three regions but remained stable in the Northeast. Total existing-home sales – completed transactions that include…
Read More
Saudi Arabia’s real estate market continues its upward trajectory this year with a substantial increase in the number of delivered residential units (27,500) in Riyadh and Jeddah in H1 2024, according to a new survey by JLL. The residential and hospitality sectors stood out for their strong performance, supported by infrastructure development, strategic government-backed initiatives,…
Read More
Nearly half of prospective U.S. home buyers struggle with basic home costs and say home insurance affordability is a major factor in where they decide to move, according to the results of a survey of 1,818 US adults across the country. The survey was conducted by Mphasis Digital Risk, a leading provider of origination, diligence,…
Read More
Mortgage rate optimism spikes as the Federal Reserve is expected to lower interest rates at its meeting on September 17–18 but homebuying pessimism persists, Fannie Mae’s Home Purchase Sentiment Index (HPSI) reveals. The Index increased 0.6 points in August to 72.1, as U.S. consumers reported significantly greater optimism about the future direction of mortgage rates…
Read More
Dubai and Abu Dhabi have secured a place among the top 5 improvers in the transparency score globally, according to JLL’s 2024 Global Real Estate Transparency Index (GRETI). Dubai ranked 3rd while Abu Dhabi 5th for improvements made between 2022 and 2024, driven by enhanced digital capabilities, strong anti-money laundering (AML) and beneficial ownership (BO)…
Read More
The average rent (including running costs) in Austria was €9.8 per square metre per month in the second quarter of 2024, up 1.0% compared to the previous quarter and 5.4% compared to the second quarter of the previous year, Statistics Austria data showed on Thursday (Sept. 5) “Residential rents in Austria rose again in the…
Read More
_(36864830374).jpg){kind=link}
.jpg){kind=link}