The global prime property outlook for 2021 looks rosy with most cities to see price increases over the next year as new trends settle among consumers. Furthermore, the market looks set for changes in location as the suburbs and beach resorts rise in popularity.
Prime property prices continued to rise across the globe in Q3, according to the latest Knight Frank Index. 62% of the cities in the survey registered an increase with an overall rise of 1.6%. North America was the best performing region in a year where domestic demand is driving markets and investors are looking to property as "a safe and tangible asset".
How has the pandemic affected global development? This article summarises a report looking at changes in design and sales processes for developers worldwide with the conclusion that the key to success is not overreacting and being flexible.
Warren Buffett, one of the world's most successful investors ever, recently celebrated his 90th birthday. On this landmark occasion, we look at four property investment lessons that we can learn from the epitome of how to invest successfully.
Global real estate investment dropped by a third in the first half of 2020 on the back of the effects of the pandemic. The tourism, office and retail sectors were the hardest hit while residential saw a lesser impact. Moving forward, the long term prospects look promising for real estate as governments pour major capital into infrastructure.
Although the covid-19 pandemic has had far reaching effects across all sectors, some are faring better than others. They include property - although many real estate agents have been closed or doing virtual viewings only, a recent survey reveals strong buyer appetite. Vendors too are staying put and generally maintaining their prices. That said, potential homeowners are now prioritising home office space and green areas.
Florida is one of the world’s favourite destination not only for travelling but also for investing in property. Here is an overview of the real estate market and economy in the state in Quarter 3 of 2019. The Florida Realtors’ latest report shows new positive figures. They stated that more closed sales, higher median prices, more pending sales and rising pending inventory during the third quarter of 2019. Also, during those three months, more than 78,750 single-family homes were sold across Flor
New figures show an increase on property value. In fact, home values have increased by 4.64% from 2018 in the same period. The forecast for home values in the US shows and increase of 2.2% over the next year. However Florida’s forecast is even more positive showing an increase of 4.09% over the next year.
The economic forecast in Florida shows signs of economic growth specially in real estate. Sean Snaith, economist from University of Central Florida, expects the state economy to grow at a faster pace than the United States. The property market in Florida has always been stable and rising.
Jacksonville is the largest city by population and area in the state of Florida. Home to 903,889 residents, it too has a growing population with a rise of 1.6 million expected by 2023.
The Institute of Economic Research and Strategy of Ceará (IPEC) has published new data regarding households in Brazil. In 2018 the number of households in Ceará increased by 3.7% compared to 2017, totalling 110 billion new units.
Foreign investors are returning to the Brazilian market – The latest statistics published by the Central Bank of Brazil show a strong increase since April 2018. Banco Central do Brazil stated that from January until may in 2019, Brazil attracted foreign direct investment (FDI) inflows of more than US$28.1bn (€24.8bn).
Luxury property prices see just a moderate rise worldwide in Q1 2019, but those in European capitals steam ahead. Find out why.
Discover what gives Brazil the edge when it comes to the best overseas property investment in 2019 and why it should be on your radar.
Find out why the results of a Bloomberg survey suggest you invest in emerging markets in 2019 and why Brazil is the shining star on the horizon this year.