Real Estate

U.S. home prices rise slightly in July 2024 amid slowing momentum, improving supply conditions

Mortgage rates drop to 4.75 percent to 5.00 percent range as housing affordability improves

Japan’s land prices rise 1.4 percent as of July, marking three years of growth since 1992

This trend is attributed to heightened foreign investment spurred by the weak yen 

Canada home sales rise 1.3 percent to seven-month high in August

New listings posted a 1.1 percent month-on-month increase in August

U.K. housing market shifts positively as surveyors report first price balance in nearly two years

Expected sales for the next three months reached their highest level since January 2020, before the COVID-19 pandemic 

U.S. housing inflation to fall as low as 2 percent by the end of 2024, San Francisco Fed says

Housing services contributed 2.2 percentage points to a core CPI reading of 3.2 percent on a 12-month basis

U.S. existing home sales break 4-month decline streak, rising 1.3 percent in July

Total housing inventory reached 1.33 million units by the end of July, up 0.8 percent from June

BoE rate cut spurs upturn in U.K. property market activity, sale inquiries up 19 percent in August

Average five-year fixed mortgage rate is now 4.80 percent, which is still high compared with three years ago

China’s home prices hit new nine-year low in July

Property investment fell 10.2 percent annually in the January-July period, compared with a 10.1 percent drop in the first half of the year

U.K. house prices rise 2.3 percent in July, biggest yearly increase since January: Report

London continues to have the most expensive house prices in the U.K., now averaging at 536,052 pounds, up 1.2 percent

India eases new real estate tax rules following criticism

On July 23, India lowered the long-term capital gains tax on real estate to 12.5 percent from 20 percent

U.S. home sales dip as median price rises 4.1 percent to all-time high

U.S. home sales declined 5.4 percent last month to 3.89 million units

U.S. single-family home sales at six-month low in May as supply hits over 16-year high

U.S. new home sales saw an 11.3 percent decline to 619,000 units last month, the lowest level since November 2023

China’s new home prices rise 0.25 percent in May, maintain 9-month positive trend

The central bank's $138 billion support in May helped prop up the real estate sector

Saudi Arabia, China ink two key deals to boost Kingdom’s housing sector

Agreements to develop and raise the quality of residential projects across the Kingdom

Germany’s commercial property prices down 9.6 percent in Q1 2024: Report

In Q1 this year, residential property prices declined 4.3 percent

Hong Kong home prices up 1.1 percent in March, first rise in 10 months

Higher mortgage rates, an outflow of talent and a weak market outlook impact property sales

U.S. luxury real estate sales rise over 2 percent as prices hit all-time highs

The number of luxury homes for sale increased 13 percent in the first quarter of 2024

Brazil introduces measures to support small businesses, low-income families, and real estate market

The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia

Saudi Arabia’s minister highlights $3 billion in Spanish real estate investments, announces upcoming development agreement

40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector

Economy Middle East Guide: Most expensive buildings in the world

Structures that are often a testament to wealth, power, and ingenuity