The Covid-19 outbreak is adding to the strain on Dubai’s real estate market The widening coronavirus pandemic could see Dubai property prices falling to marks last seen 10 yrs ago, according to S&P Global Ratings. “We believe real estate prices are approaching levels seen at the bottom of the last cycle in 2010, and are […]
Commerce in the residential real estates sector in many states across the nation has broken down. Especially hard hit is Los Angeles and NYC. The coronavirus COVID-19 coronavirus pandemic has all but completely upended the business of being a real estate agent. In NYC deals are falling through and agents struggle to sell over coronavirus […]
High-end home values in Paris jumped last year, as wealthy buyers were drawn to the city’s good value and investment stability, according to a report Thursday from Savills in London. Values of prime properties defined as those priced at $2.2-M and up in the French capital rose 6.4% in Y 2019, compared to 4.5% during […]
Rising real estate prices helped drive US household wealth to $113.8-T in the July through October frame, a report by the Fed showed Thursday. That compares to an downwardly revised $113.3-T net worth for households in Q-2 of Y 2019, the Fed said. The US economy is experiencing its longest expansion on record and households and households […]
As Britain’s deadline to leave the European Union approaches, property prices have slowed or dropped, especially in London, with sector analysts warning of worse to come if Britain crashes out of the bloc without a deal. “The market is at a standstill,” said Beatrice Caboche, director at real estate company Barnes UK. Average property sales […]
Dubai, a city defined by its glittering towers and man-made islands, is stuck in a five-year property downturn with no end in sight, drawing warnings of an industry reckoning that will see weaker players fail. Property developers are slashing prices and offering ultra-easy financing to lure customers, while concerned authorities have stepped in with incentives […]
$XAU, $GLD, $USD One of the most common reasons to buy gold is to use it as a stable store of value. This analysis uses 50 yrs of history to test that common belief, and finds it lacking for it misses the best parts of investing in gold. The graph above will be developed, and […]
US home construction in August hit its fastest pace in 12 years amid a surge in the building of apartment houses, official data showed Friday. Meanwhile, permits for construction, a sign of supply in the pipeline, also bounded higher, with the multi-family segment likewise leading the way, the Commerce Department reported. The late-summer construction rush […]
Do you dream of owning a home? Statistics show that many millennials are now reaching the age where they are thinking about home ownership and starting a family. However, many of them don’t have the finances available to apply for a mortgage. With the state of the economy, it’s not only millennials that are struggling […]
Re-sales of homes in the United States beat analyst predictions last month. Information released Wednesday by the National Association of Realtors revealed sales of previously-owned homes edged up 2.5% in July, as mortgage rates offset the affordability crunch caused by high home prices at the margins. Existing home sales occurred at a 5.42 million seasonally-adjusted […]
The Planning and Statistics Authority’s recently released data shows 51% general increase in July 2019 in number of building permits issued when compared to June this year. The Planning and Statistics Authority (PSA) published the fifty-fifth issue of the monthly statistics of Building Permits and Building Completion certificates issued by all municipalities of the […]
Home value appreciation has slowed each month this year, and is at its lowest level since 2015 – The rate of year-over-year home value growth has fallen in each of the past seven months. The median U.S. home is worth $229,000, up 5.2% from this time last year. – Rents grew 1.9% on an annual […]
Henley Investments, a leading private equity real estate firm based in the UK and the US, has announced the acquisition of their fourth boutique hotel in Miami in partnership with Life House, the venture-backed, technology-enabled hotel management company. The largest US hotel acquisition to-date by Henley with a total project capitalization in excess of $40M (including acquisition and renovation […]
How land reclamation projects have impacted the value of real estate in the UAE In an era where almost anything seems possible we seem to be faced with two unique issues, each of which are moving in diverging directions. The first is due to the effects of climate change which are forcing people to have […]
FLASH: McKinsey’s annual review reveals an expanding and developing industry; more tools for managed money and investors. Note: Private markets, including PE, debt, infrastructure, real estate, and natural resources. Private markets stayed strong in 2018. True, fundraising was down 11%. But $778-B of new capital flowed in. Investors have a new motivation to allocate to […]
Florida’s housing market reported rising median prices, fewer days to contract and a continuing tight supply of inventory in June, according to the latest housing data released by Florida Realtors®. “Florida is still experiencing a shortfall in for-sale homes in many local housing markets and that continues to put upward pressure on median prices,” said […]
Australia: Will Rates Burst the Real Estate Bubble Banks in Australia are gearing up for slight increases in interest rates, but in an overly inflated market this may well mean disaster for many and a correction in prices across the country. The smaller lenders are already moving rates higher but so far the big 4 […]
Is US Real Estate Signalling a Bubble ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q2 2018 U.S. Home Affordability Report, which shows that the U.S. home prices in the second quarter were at the least affordable level since Q3 2008. The report calculates an affordability index based on percentage […]
In May, homes sold faster than at virtually any other time in the past decade, according to the latest RE/MAX National Housing Report. Low inventory and high demand in May cut Days on Market to 46, the second-lowest monthly number in the nearly 10-year history of the report. May home sales topped April sales by […]
Interest from prospective home buyers in Northern states have propelled two Florida counties — Sarasota and Collier — to the top of the nation’s fastest-growing luxury housing markets, according to the May 2018 Luxury Home Index from realtor.com®, The Home of Home Search℠. In May, the top 5 percent most expensive home prices in Sarasota […]
Property giant Ayala Land Inc. grew its first quarter net profit by 17 percent year-on-year to P6.52 billion, driven by the double-digit expansion of the residential development and commercial leasing businesses. Total revenues also increased by 17 percent year-on-year to P36.98 billion, Ayala Land disclosed to the Philippine Stock Exchange on Tuesday. Property development revenues […]
Rowsley Limited (SGX:A50) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.12. The projected upper bound is: 0.12. The projected lower bound is: 0.10. […]
US Real Estate: Five Housing Trends for 2018 Inventory constraints that have fueled a sharp rise in home prices and made it difficult for buyers to gain a foothold in the market will begin to ease next year as part of broad and continued market improvements, according to the realtor.com®2018 National Housing Forecast released today […]
Rowsley Limited (SGX:A50) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.13. The projected lower bound is: 0.11. The projected closing price is: 0.12. Rowsley Ltd. is a […]
CapitaLand Limited (SGX:C31) Going Cashless In China Capitaland has struck an alliance with China UnionPay to enable cashless payment in China through the former’s cardless rewards programme, CapitaStar, at the IE Singapore – CapitaLand Tech & Innovation Summit in Beijing on Friday. CapitaLand also sealed technology collaborations with leading Chinese players, which include launching a […]
Rowsley Limited (SGX:A50) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 0.14. The projected lower bound is: 0.12. The projected closing price is: 0.13. Rowsley Ltd. is a real estate company. The principal activities of the Company are investments, […]
Robert Mueller Warned, “Stay out of President Trump’s Real Estate Business, or…” Attorney Jay Sekulow, a Key member of President Trump’s Legal Team involving the Russia probe was quoted saying they would challenge special counsel Robert Mueller if he steers the investigation into anything they consider “outside the scope” of the investigation, specifically into the […]
Rowsley Limited (SGX:A50) HEFFX Highlights Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.14. The projected lower bound is: 0.12. The projected closing price is: 0.13. Rowsley Ltd. is a real […]
Rowsley Limited (SGX:A50) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 0.15. The projected lower bound is: 0.12. The projected closing price is: 0.13. Rowsley Ltd. is a real estate company. The principal activities of the Company are […]
Vendors of commercial real estate assets continue to attract a diverse group of eager buyers deploying an abundant supply of capital across asset classes and geographical boundaries. In some markets, scarcity of product has resulted in peak pricing, leading some investors to look further afield in a world of shrinking returns – and to take […]
Dubai Property: New Projects Flourish Property developers in Dubai showcased new multi-billion-dollar mega-projects on Monday despite falling prices, in the hope of stimulating demand and helping to end a three-year market downturn. Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even “Floating Venice”, a resort complete with underwater suites. The […]
US existing homes sales fell in July for the second straight month as high prices and tight supply kept would-be homeowners from signing on the dotted line, industry figures showed Thursday. The National Association of Realtors said prices continued to rise faster than incomes in much of the United States, with most homes selling in […]
Rowsley Limited (SGX:A50) HEFFX Highlights Shares of Rowsley Ltd (A50.SI) are on watch as the Tenkan Line has moved below the Kijun line, indicating negative momentum for the equity. Rowsley Ltd moved -0.001 in the most recent session and touched 0.108 on a recent tick. The Tenkan Line or Tenkan Sen (Sen means line in […]
Global Logistic Properties Ltd (SGX:MC0) HEFFX Highlights Nesta Investment, the Chinese consortium making a SGD16bn (€9.96bn) bid for Global Logistic Properties (GLP), announced today that it intends to expand GLP into new markets, potentially in Europe. In its first public statement on future plans for GLP, Nesta said it has plans to increase the company’s […]
A Minnesota-based grocery company is making a power play in the Chicago area, stepping into the void being left by the bankrupt Central Grocers, a nearly century-old grocery cooperative that’s closed up shop. Supervalu Holdings has entered into an agreement to buy Central Grocers’ massive distribution center in Joliet for $61 million. Supervalu reported fiscal first-quarter net […]
Abacus Property Group (ASX:ABP) HEFFX Highlight Abacus Property Group’s ROE of 19.2% over the past year stood above the industry average of 13.61%. Often called the ‘mother of all ratios’, Return on Equity tells you how much capital is created in percentage terms for the amount committed by a shareholder to a company. But there […]
Lendlease Group (ASX:LLC) Leads New Melbourne Metro Lendlease to lead new Melbourne Metro The construction and finance giants chosen to build the now dumped East West Link will take the reigns of Melbourne’s new $11 billion rail tunnel, the state government has announced. Premier Daniel Andrews on Sunday said that a consortium led by Lendlease […]
Goodman Group (ASX:GMG) To Repurchase Goodman PLUS Goodman Group (ASX:GMG) says it intends to repurchase all Goodman PLUS ASX quoted hybrid securities by 2 October 2017. The company says it will issue an Issue Realisation Notice on or before 21 July 2017. The last trading day of Goodman PLUS on the ASX will be 21 […]
China Drives Real Estate Values in Australia Statistics show Chinese buyers purchased $23.8 billion worth of Australian property in the 2016 financial year compared with $18.4 billion in the previous year, according to the website, as cited by Business Insider Australia. While demand remains high, China’s property investments in Australia are unlikely to remain at […]
Dubai Land Department, DLD, has announced the launch of an awareness campaign for its ‘Dubai Brokers’ application, the first of its kind in the world. ‘Dubai Brokers’ is the most important application issued by DLD for providing accurate and up-to-date information on licensed Dubai real estate brokers and real estate companies that have been approved […]
Paul Chan Mo-po, today repeated his warning for home buyers to be cautious, saying the property market is “irrationally stimulated.” Chan urged buyers to be careful about what they can afford, adding that further price rises are likely. “The fundamentals of the property market have been changed, both in terms of supply and in terms […]
Cheung Kong Property Holdings Ltd (HKG:1113) HEFFX Highlights Cheung Kong Property Holdings will raise the price of its third batch of Ocean Pride apartments by 10 per cent, a week after selling out all 842 of the project’s earlier units, a marketing strategy that underscores the expectation that Hong Kong’s record home prices won’t succumb […]
China Real Estate News Hong Kong-based newspaper Ta Kung Pao issued an article on May 12, 2017, mentioning that Chinese real estate developer Country Garden Holdings Company Limited reported sales of 150.7 billion yuan (approx. US$21.8 billion) for the first three months of 2017, maintaining its industry leadership. A month later, the company achieved another […]
Hong Kong Real Estate Report Henderson Land Development (0012) paid a record HK$23.28 billion for the government’s Murray Road five-story public car park today The Lands Department announced that the site offers about 2,880 square meters and is designated for non-industrial uses. The price paid by billionaire Lee Shau-kee’s company translates to HK$51,600 per square […]
Thailand Hotel Real Estate News: Park Hyatt Park Hyatt Bangkok opened its doors today, marking the first Park Hyatt hotel in Thailand. The hotel is centrally located in the heart of the Thai capital’s central business district. Park Hyatt Bangkok features contemporary architecture matched by luxurious residential interiors, expertly curated art, world-class food and wine, […]
Hotel News: Six Senses Coming to USA Six Senses Hotels Resorts Spas creates places in which to reconnect, in settings of incredible natural beauty together with exceptional guest experiences. whilst being part of the local fabric and culture, Six Senses is very much in tune with the wider world. It offers crafted guest experiences to stimulate, […]
Christie Brinkley: Beverly Hills city of Wellth A Citywide Initiative Highlighting The Luxury Destination’s World-Class Health And Wellness Offerings. Kicking off with an expert panel discussion featuring Supermodel and Actress, Christie Brinkley, the city will offer a host of experiences at hotels, restaurants, and spas throughout the summer. Iconic Supermodel Christie Brinkley, a vegetarian since the […]
Hotel News: Marriott International (NASDAQ: MAR) in Oahu Offering mid-century modern design with island influences, this stylish hotel is a 6-minute walk from Waikiki Beach and 3 miles from Diamond Head hiking area. Airy, colorful rooms have balconies and tropical accents, and feature flat-screen TVs and free Wi-Fi, as well as sitting areas and minifridges. […]
Investing in Real Estate, Dubai and Thailand Very low interest rates make investments in properties a very interesting option. Even better, HEFFX has on offer some very high, guaranteed Return on Investment (ROI) deals that guarantee your return for 5 to 10 years. The property markets we have selected are very stable with considerable upside […]
US Real Estate: Americans are Planning to Buy a Homes [vc_row][vc_column][vc_column_text] Over half (54 percent) of Americans say they are likely to buy a home in the next five years, up 12 percent compared to the results of last year’s survey Over three quarters of buyers set a budget before beginning their home search and […]
Real Estate: One Bangkok is a Stunning Development A once-in-a-generation development, One Bangkok is a fully integrated district ideally located in prime central Bangkok at the corner of Wireless Road and Rama IV, right next to Lumphini Park, with unsurpassed accessibility through direct connections to the MRT. Starting with a comprehensive master plan and iconic […]
President Trump Creating a Lot of Hope in US Economy Chicago Real Estate billionaire Sam Zell advises savvy investors to keep the faith despite some rough spots in the early weeks of President Donald Trump’s Administration. “I think he’s creating a lot of hope,” he he said in a TV interview. “I think that the […]
Dubai Real Estate News: Jumeirah Beach Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today launched a new beachfront entertainment destination located at Jumeirah beach near Burj Al Arab in Dubai, that features MGM and Bellagio hotels. Sheikh Mohammed was accompanied by H.H. […]
Abu Dhabi Approves Shams Marina, 5-Star Hotel Projects In total the authority approved 24 development projects for Q-4 Abu Dhabi’s Urban Planning Council (UPC) has approved a number of project including the Shams Marina on Al Reem Island and a new 5-Star hotel on Saadiyat Island. In total the authority approved 24 development projects for […]
Launch of Dubai’s First Modern Stone Villas DAMAC Properties, a leading luxury real estate developer in the region, today launched Hajar Villas, Dubai’s first modern stone villas. Hajar Villas are a collection of premium, contemporary homes available in four-bedroom vacation homes, spacious three-bedroom homes, one-bedroom duplexes with open-plan arrangements, and duplex units for families, consisting […]
Key facts for November 2016: Manhattan’s median monthly rent grew 1.9 percent year-over-year to $3,245, led by 6.4 percent growth in Upper Manhattan. Upper Manhattan rentals also had the smallest share of inventory discounted (29.9 percent). Median resale price in Manhattan rose 0.5 percent year-over-year to $979,791, the slowest pace of price growth since January […]
US Real Estate: Mortgage Rates Rise Mortgage rates inched upward, but it was enough to extend the climb to a ninth consecutive week, with the benchmark 30-year fixed mortgage rate now at 4.32 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points. The larger […]
Palm Beach News: Palm House to Set a New Standard of Luxury The Bob Matthews designed Palm House at 160 Royal Palm Way Palm Beach is set to become an Icon of luxury and sophistication in Palm Beach, Florida. Palm House is a boutique luxury hotel and residence collection consisting of 70 suites and penthouses […]
Real Estate News: Penthouse in Aspen Sells For $16 Million Dancing Bear Aspen announced today the $16,000,000 sale of the penthouse residence within its newly opened Mountainside building, setting a new price per square foot record in the Aspen real estate market. At a price of $5,427 per square foot, the sale tops the previous […]
November 2016 Mortgage Data — Delinquency rate up by 2.5 percent, a relatively mild seasonal increase by historical standards — Annual improvement in mortgage delinquency rates is beginning to slow as market “normalizes” — Number of loans in active foreclosure drops below 500K for the first time in nearly 10 years — Pre-payment activity remains […]
Palm Beach News: Robert V Matthews Featured in Florida Design Magazine Legendary Entrepreneur Robert V Matthews had his home in Palm Beach featured in Florida Design Magazine. Bob Matthews has inspired some of the finest buildings in Palm Beach in recent years, his magnificent oceanfront home and the soon to be Iconic Palm House Hotel. […]
New York City-based luxury real estate marketplace Concierge Auctions has added three properties to its upcoming Winter Portfolio Sale, including an Italian palazzo apartment in Venice, Italy; a coveted penthouse in Tel Aviv, Israel; and a 9,500-square-foot Caribbean oceanfront mansion in St. Croix, USVI. The newest offerings are three of 19 dream homes globally that […]
Chinese Real Estate Investment Moves to Seattle, Washington $AMZN, $MSFT Vancouver, BC’s new property tax triggered a new wave of Chinese real estate investment in Seattle, Washington Vancouver, which has seen detached-home prices 2X’d in the past 10 years, joined areas including Australia and Hong Kong in taking steps to slow housing demand after an […]
Middle East Real Estate Market Facing Uncertainty Sudden policy changes made by the incoming US President, Donald Trump, will affect regional real estate markets, says Cluttons The Middle East’s real estate market is set to face further uncertainty following the election of Donald Trump as the 45th US President, property consultancy Cluttons has said in […]
TOP 10 COMPANIES IN THE UAE UAE equity markets, both Dubai and Abu Dhabi, remained resilient to the fall in the Crude Oil price in 1-H of Y 2016. The Dubai General Index and Abu Dhabi General Index registered YTD returns of 6.5% and 1.9% respectively. The better performance of telecom, banking and real estate […]
US Real Estate Report Black Knight Home Price Index Report: September 2016 Transactions — U.S. Home Prices Up 0.1 Percent for the Month; Up 5.4 Percent Year-Over-Year — September’s home price movement was relatively flat at the national level, with home prices ticking up just 0.1 percent from August — U.S. home prices are up […]
The team at “Idealtropical” Real Estate consists of experienced people with over 17 years of real estate experience who are here to help you turn your property dreams into reality. Idealtropical are a family business with very experienced negotiating skills and positive attitudes, the Idealtropical team has your best interests at heart. If you are […]
Real Estate: London’s Spire to be the Tallest Residential Building in Western Europe In Y 2013, the architecture firm HOK was approached by a representative of the Greenland Group, China’s 3rd-largest developer. “They said they were investing in London and that they’d made an offer on a parcel,” said HOK Senior Vice President Larry Malcic. “They had […]
Ten-X, the nation’s leading online real estate transaction marketplace, has released its Second Quarter 2016 Economic and Single-Family Housing Market Outlook Report for Miami, which reveals that while home sales continue to improve, the area’s homeownership rate has fallen to its lowest level since bottoming out in mid-2014. Homeownership in the Miami-Fort Lauderdale-Palm Beach metro, […]
Investor appetite for commercial real estate assets remains relatively healthy – despite ongoing geopolitical influences, which lend some uncertainty to the marketplace – as buyers look to increase allocations to the sector in their ongoing quest for yield. Scarcity of available product remains a factor in many markets as stakeholders keep an eye on interest-rate […]
US Real Estate Report: Home Price Perception Index Quicken Loans, the nation’s second largest retail mortgage lender, today announced appraisals lagged behind what homeowners estimated by 1.26 percent in September, according to the company’s national Home Price Perception Index (HPPI). This is a slight move toward equilibrium after a 1.56 percent gap between perceptions in […]
Dubai to Overtake London as Top Pick for Wealthy GCC Investors Softening prices in Dubai was cited as the top reason for its increase in attractiveness Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the Top choice for the GCC’s wealthiest investors next year, a report […]
UK Pinewood Studios Sold to Real Estate Investment Fund The iconic UK studio home of the James Bond franchise and ‘Star Wars’ is Europe’s largest provider of studio space. The sale of Pinewood Group to a real estate investment fund in a deal worth $412-M has closed/. Pinewood Studios was sold to Picture Holdco Ltd., an […]
Longer Visas for Dubai Property Investors Will Boost Market Issuing such visas will encourage a retirement market in Dubai Dubai’s real estate market could receive a boost from long-term investors if they are provided with longer-stay visas, experts say. Currently, the regulations for property visas in the UAE are rigorous and investors need to meet […]
Bahrain’s Investcorp Acquires $223.5-M Office Tower Seattle, Washington The acquisition was carried out by Investcorp’s US-based real estate arm Bahrain’s Investcorp has acquired an office building in Seattle, Washington (USA) for approximately $223.5-M, it announced Sunday. The acquisition was carried out by its US-based real estate arm and falls under Investcorp’s “new initiative of acquiring […]
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released a new analysis showing 548,000 U.S. homeowners regained equity in Q2 2016 compared with the previous quarter, increasing the percentage of homes with positive equity to 92.9 percent of all mortgaged properties, or approximately 47.2 million homes. Nationwide, home equity […]
The ILHA will be hosting their annual Pinnacle Summit 25 – 27 September 2016 at the Gaylord Resort and Conference Center in Washington D.C. John Vanderslice, Global Head, Luxury & Lifestyle Brands, Hilton Worldwide will be the keynote speaker on Monday, talking about Passion Points: What Matters Most to Today’s Luxury Traveler followed by Joe […]
At the heart of The Opera District is Dubai Opera, a 2,000-seat, multi-format performing arts venue which is set to captivate visitors when it opens in 2016. The design of Dubai Opera is deeply rooted in Dubai’s maritime history, with the Arabian dhow becoming the inspiration behind the architecture of the building. Dubai Opera will […]
Singaporean Businessmen Vow to Boost Trade, Investment in Myanmar Singaporean businessmen in Myanmar have vowed to boost trade and investment of the county, official media reported Wednesday. The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and 47 Singaporean businessmen jointly made a business dialogue and networking session over the last 2 […]
The real estate market in Dubai will stage a strong rebound in 2017 and experience a higher growth rate by 2020 due to effective measures taken by the regulators in recent past, says an industry expert. Pawan Dhawan, head of Home Finance at Noor Bank, said potential buyers and investors are determined to take benefit […]
Dubai: Palm Jebel Ali is a ‘Long-term’ Project Dubai developer Nakheel is planning to launch new projects in the emirate soon but some older developments remain on hold for the moment, according to its Chairman. The company, which announced last month that it had repaid all its debts following a massive restructuring program, has posted […]
Dubai’s Annual Property Exhibition ‘Cityscape’ Opens All the news and gossip from the real estate show which runs from 6-8 September at Dubai World Trade Centre 5:30pm With several huge and prominent displays (the Jumeirah Central stand was constantly crowded), Cityscape usually called a barometer of Dubai’s property market, certainly appeared optimistic this year. While […]
Dubai Real Estate May Become as Unaffordable as London Residents could be permanently priced out of the market, according to Cluttons Dubai is at risk of becoming as unaffordable for local residents as parts of the UK capital London unless cheaper property is provided, according to Cluttons. Faisal Durrani, the property consultancy’s head of research, […]
US Real Estate Report: Financing – $518 billion in first-lien mortgage originations marked highest volume in a single quarter since Q2 2013 – At $297 billion, purchase loan originations saw a 52 percent ($102 billion) seasonal increase from Q1 and hit their highest level in terms of both volume and dollar amount since 2007 – […]
Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017 Cluttons forecast places Paris and Doha alongside UK capital, Toronto the 3rd choice Dubai’s real estate market is set to overtake the international destinations of London, New York and Singapore as the top choice for GCC wealthiest investors next year, a new report reveals. […]
US Real Estate Report Pending Home Sales The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 1.3 percent to 111.3 in July from a downwardly revised 109.9 in June and is now 1.4 percent higher than July 2015 (109.8). The index is now at its second highest reading this year after […]
Hotel News: GHM Launches Tin Hotels GHM has partnered with van de Bunt Partners in a milestone agreement to launch Tin Hotels, a mid-market brand of accommodations set to revolutionalise the concept of lifestyle travel. The move into the mid-tier market by the luxury hotel operator was fuelled by both the travel preferences in the […]
Hotel News: Middle East Hozpitality Excellence Awards Voters Also Enter for a Chance to win an IPAD Over 300 candidates enter the race to be nominated as one of the best in their category. We received over 9,000 votes in the first 2 weeks of online voting, Raj Bhatt, CEO Hozpitality Group said. The awards […]
US Real Estate: 50 Best-Selling Communities of the Year For the first time ever, 55 Places is excited to announce its list of best-selling communities across the country. We’ve compiled this list based on the active adult communities with the most sales in the last 12 months, from August 1st of 2015 to July 31st […]
Travel News China: Visit Qiandao Lake The highly-anticipated G20 Summit will be held in Hangzhou, China in September 2016. In addition to West Lake, Hangzhou is also home to world-renowned 573-square kilometer Qiandao Lake, an exquisite body of water dotted by 1,078 emerald islands. It is surrounded by beautiful mountains and water, as well as […]
Florida’s housing market reported rising median prices and fewer all-cash closed sales in July, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 24,083 last month, down 8 percent from July 2015, reflecting the state’s current shortfall in inventory. “Florida’s supply of for-sale homes remains tight, which […]
NYC, Commercial Real Estate Capital of the World $JLL New York has knocked off London as the world’s premier city for FDI (foreign investment) in commercial real estate due to fears the vote to leave the EU aka Brexit, will diminish the British capital’s appeal as a global financial center. Data on cross-border property transactions […]
US Real Estate Report: Sales Maybe Slowing Unlike the month’s temperatures, July home sales cooled off from June’s highest year-to-date level. In the RE/MAX National Housing Report analysis of 53 U.S. cities, July sales fell in 49 markets by 8.8% from July 2015 and by 13.1% from June. Over the last seven years, the average […]
Dubai Real Estate Report The Dubai civic body has launched a complete electronic platform to ease transactions for under construction projects. Building Department officials at the Dubai Municipality said the electronic system allows building consultants and contractors to finish all procedures online without the need to visit municipality offices. Recent figures showed that there are […]
Dubai Real Estate: Dubai Mall and Emaar Malls are Outperforming Dubai Mall recorded 80 million visitor arrivals in 2015. Various Emaar malls together received more than 124 million visitors, registering an increase of 9 per cent compared to 2014. ‘The shopping malls business will gain further traction with the launch of a dedicated Retail District […]
Poly Real Estate Group Co., Ltd(SHA:600048) Trading Outlook HEFFX Notes Poly Real Estate Group Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 9.17. The projected upper bound […]
But Those Were the Bad-Old Days, Things are Different Today $GLD, $SLV, $XAU Last Thursday, the DJIA made a new all-time high, its 8th since July 12th. Looking at the Dow Jones with its 52Wk High and Low lines below, we see its 52Wk High Line (Green plot) has been pushed above 18,500. And it’s not […]
Beverly Hills, California Homes Cost 689% More Than Median When is comes to real estate location is King. A recent study released by Realtor.com shows that homes in Beverly Hills are nearly 700% more than the Los Angeles county median, partly of because of a good school district. The study shows that that on average, […]
Florida’s housing market reported more new listings, higher median prices and fewer days to a sales contract during the second quarter of 2016, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 76,748 in 2Q 2016, up 1.4 percent over the 2Q 2015 figure. “In the second […]
Dubai’s Real Estate Prices Expected to Rise in “Coming Months” Growth will be driven by the Emirate’s ‘Landmark’ Project, Khalalaf Al Habtoor said Property prices in Dubai will increase in the “coming months” despite the current stagnation in the market, businessman Khalaf Al Habtoor predicts. Prices will increase due to heightened demand for landmark projects […]
