US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High $DIA, $SPY, $QQQ, $VXX US home resales fell more than expected in February on a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors (NAR) said Wednesday existing home sales declined 3.7% to a […]

Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September Sales of Singapore’s new private homes increased 49.3% in September Y-Y, according to data released by Urban Redevelopment Authority (URA) Monday. Compared with the prior month, URA said sales of private homes increased 8.8% in September. Excluding executive condominiums (ECs), property developers sold 509 units […]

Dubai, Abu Dhabi Apartment Rents Fall in July

Dubai, Abu Dhabi Apartment Rents Fall in July

Dubai, Abu Dhabi Apartment Rents Fall in July $JJL Declines were recorded for all apartment unit sizes last month, according to Bayut.com Apartment rents in Dubai and Abu declined an average of 2 and 6% respectively in July from 1-H of the year, according to Bayut.com. In its monthly report, the property site said the […]

Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential real estate prices Dubai residential real estate prices may have bottomed out after plateauing in May 2016, according to the property consultancy firm ValuStrat.The company said prices stabilised in April and May after almost 2 years […]