Real estate prices in Ayodhya in Uttar Pradesh have doubled since the Ram temple ‘bhoomi pujan’ ceremony with scores of people wishing to own a property in the holy land.
Read more: https://bit.ly/3i4OPlD
Appraisal data shows scale of value destruction in US real estate
Commercial properties hit by the economic effects of coronavirus could have lost as much as one-quarter of their value or more, laying bare the scale of the damage being wrought across American malls, hotels and other commercial buildings.
Read more: https://on.ft.com/2FUMDQR
Post-Covid sales boost for Invercargill subdivisions
A residential subdivision on the outskirts of Invercargill has had a boost in section sales since the Covid-19 lockdown.
Read more: https://bit.ly/2HwJpDn
Here’s why this property cycle might be different
OPINION: This past week I have given presentations to property investors and real estate agents in Rotorua, Nelson, Dunedin, and Wellington.
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You could buy a house for $155k in Cobden, NZ’s cheapest suburb, but should you?
Being mortgage-free and having a big pile of cash is tempting, but there are some fishhooks to buying in a place where houses are a super cheap.
Read more: https://bit.ly/2FTFY9C
Campervan invasion: Border closure sparks motorhome boom
When Covid-19 wrecked overseas travel plans for Aucklanders Paul and Gayle Davies, they bought a mobile bach instead.
Read more: https://bit.ly/343PYVA
Multi-family homes market adjusting to new reality
Calgary’s new multi-family homes market — rental, townhome and condominium — has muddled through major economic headwinds so far this year, but held its own thanks to a focus on affordability, a new report has found.
Read more: https://bit.ly/3cAOuWB
Northeast quadrant busiest for new homes activity
A report from Altus Group compiled from information supplied by 20 members of BILD-Calgary Region shows the northeast quadrant of Calgary was the busiest for sales of single-family homes in July.
Read more: https://bit.ly/3cDJ659
Inventory of new, unsold homes approaching record level
The Calgary housing market is showing a low degree of vulnerability in four areas measured by the Canada Mortgage and Housing Corporation’s (CMHC) Housing Market Assessment (HMA).
Read more: https://bit.ly/3mVRlhS
Multi-family homes market adjusting to new reality in Edmonton
Edmonton’s townhome segment is powering the new multi-family market as the city’s real estate market struggles through the one-two-punch of the pandemic and the long-running oil slump, a new report reveals.
Read more: https://bit.ly/3mTRp1x