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Monthly Archives: December 2023

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Economic woes: Canadian recession worries linger as calendar turns

Posted on December 31, 2023 by Joe

After an unpredictable few years, many Canadians are concerned 2024 could bring with it some tough economic times.

Read more: http://tinyurl.com/24y98nfz

Posted in Canada

India’s real estate resurgence unveiled in 2023

Posted on December 31, 2023 by Joe

Hyderabad: This year has been a game-changer for India’s housing scene. It’s not just because people are earning more or dreaming bigger. Government rules and foreign investments have been major players too. And guess what? It’s not just the big cities; even the smaller ones are stepping up their real estate game.

Read more: http://tinyurl.com/3fy24b27

Posted in Global

New units to bring down prices and rents

Posted on December 31, 2023 by Joe

Developers in Cyprus have welcomed the Cabinet’s approval of a set of incentives for the construction of affordable housing units, promising a dynamic shift in the island’s real estate landscape, which has become financially burdensome for Cypriots.

Read more: http://tinyurl.com/mszrc5dy

Posted in Global

Saudi Arabia’s REGA sees more than 96k registered properties in 2023

Posted on December 31, 2023 by Joe

RIYADH: Saudi Arabia’s Real Estate General Authority has announced significant strides in its property unit division and technological advancements through its Mollak electronic platform.

Read more: http://tinyurl.com/4v85m97x

Posted in Global

UAE: More property buyers to opt for mortgages as interest rates set to drop in 2024

Posted on December 31, 2023 by Joe

Property buyers in the UAE, especially end-users, will increasingly opt for mortgages in 2024 as interest rates are expected to drop by up to 100 basis points.

Read more: http://tinyurl.com/ys8h63a9

Posted in Global

Here’s What’s in Store for the World’s Luxury Real Estate Hubs

Posted on December 31, 2023 by Joe

Myriad uncertainties, from mortgage rates to national elections and the stock market, will have more impact than in typical years in major metropolitan housing markets from San Francisco to Sydney in 2024.

Read more: http://tinyurl.com/48rahc94

Posted in Global

Rich South Africans are flocking to this area

Posted on December 31, 2023 by Joe

With its good schools, beaches, shopping and access to the King Shaka International Airport, the Durban North property market is seeing increased demand from wealthy buyers.

Read more: http://tinyurl.com/mehhx4nn

Posted in Global

Meet the Millennials of Sydney’s prestige property market living lavishly in 2023

Posted on December 31, 2023 by Joe

Forget the cashed-up downsizers, tech billionaires, and international buyers who dominated the high-end property market of recent years. In 2023, it was the Millennials who emerged as one of the best-performing prestige shoppers.

Read more: http://tinyurl.com/yc37tbey

Posted in Global

2023 real estate predictions in review: What Graham Cooke and Leanne Pilkington got right and wrong

Posted on December 31, 2023 by Joe

How did 2023 measure up against expert expectations and what’s taken hold in the market at the end of the year?

Read more: http://tinyurl.com/z2swve84

Posted in Global

Housing market 2024: What to expect with rate cuts in the forecast

Posted on December 30, 2023 by Joe

After nearly two years of hikes to the Bank of Canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024.

Read more: http://tinyurl.com/524vjbeu

Posted in Canada

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