Recent data produced by HM Revenue and Customs shows half the number of residential properties were sold in May compared with a year ago amid coronavirus lockdown measures. A total of 46,230 property transactions were completed during the month, down…
Read moreProperty broker Redfin is reporting between mid-March and mid-April 2020, the new supply of homes for sale over $1 million fell 29 points from the year prior. As of March 15, there were 66,528 homes for sale priced at or…
Read moreThe coronavirus pandemic may have stalled real estate transactions across London, but buyers haven’t disappeared; they’re just waiting in the wings, according to a report Monday from Knight Frank. As of May 5, the combined budget of all potential buyers…
Read moreKnight Frank is reporting this week that demand for London rental property has picked up in April 2020, as prospective tenants begin to plan for life after the lockdown. In the first week of government restrictions, the number of new…
Read moreHomeownership has dropped across the world, as 22 of the 36 most developed countries experienced a decline in the past 10 years, latest research from Swinton Insurance has found. The UK and Ireland saw the steepest decline of all, of…
Read moreThe impact of coronavirus could be felt for decades, as debt burdens rise and people push back from globalisation, comment industry experts. We are also likely to see the biggest fall in GDP since the Second World War, as a…
Read moreDubai’s real estate market displayed several encouraging signs over Q1, including an annual rise in sales volume and a slowdown in the pace of value declines across the Emirate. “This positive sentiment, however, is likely to be tempered in the…
Read moreProperty prices were stable in March, but with market activity falling drastically thanks to the coronavirus outbreak, it remains to be seen if they hold up. February 2020 saw a record high for house prices at an average of £240,461…
Read moreThe drop in property values in the first quarter of the year is the most since the third quarter of 2016. The coronavirus pandemic has left its mark on the real estate market in Singapore, as prices of private property…
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