June Sees a 2.7% Dip in US Existing Home Sales Amid Record High Prices
US existing home sales fell by 2.7% in June, with prices hitting a record high. Inventory shows mixed trends, as homeowner wealth continues to grow significantly.
real estate market News
Seoul's Luxury Apartment Market Sees 74% Drop in High-Price Transactions Amid New Loan Regulations
Seoul's luxury apartment market experiences a 74% plunge in high-price transactions after new loan regulations cap mortgages at 600 million won, affecting districts like Seongdong-...
Government Unveils Bold Plan to Slash Property Prices and Boost Housing Accessibility
The government is taking steps to address the misalignment in the property market, focusing on making housing more accessible by reducing prices and improving supply. Initiatives i...
Hong Kong's Elite Sell Off Luxury Properties Amid Market Downturn to Settle Mounting Debts
Hong Kong's wealthy families are offloading luxury properties to settle debts amid a significant downturn in the real estate market, with high-profile sales and expert insights hig...
Surprising 3.2% Surge in UK House Prices This April Defies Economic Expectations
The UK housing market showed resilience with a 3.2% annual price increase in April, exceeding expectations. Despite economic challenges, the market remains strong, with stable pric...
Surge in US Mortgage Applications: An 11% Weekly Increase Signals Market Shift
Mortgage applications in the US increased by 11% last week, with interest rates for 30-year fixed mortgages dropping slightly. The MBA's survey reflects a complex economic environm...
March Sees a Surge in US Pending Home Sales with a 6.1% Increase, Highest Since December 2023
In March, US pending home sales jumped by 6.1%, the highest increase since December 2023, with the South region leading the growth. Despite a slight annual decline, the surge indic...
UK House Prices Growth Slows to 3.4% in April Amid Stamp Duty Changes
UK house prices grew by 3.4% annually in April, down from 3.9% in March, with a monthly decrease of 0.6%. The average price stands at £270,752, influenced by stamp duty changes.
US Home Prices Surge: S&P/Case-Shiller Reports a 3.9% Increase in February
The S&P CoreLogic Case-Shiller report reveals a 3.9% year-over-year increase in US home prices in February, with the 10-City and 20-City Composites showing slight decreases from Ja...
Ho Chi Minh City's Housing Crunch: Limited Supply Amidst Legal Breakthroughs and Surge in Demand
Ho Chi Minh City faces a housing supply crunch despite legal improvements. Projects in District 7 and Thu Duc city are making progress, while the western region emerges as a hotspo...
Historic Reduction: Cabinet Slashes Property Transfer and Mortgage Fees to 0.01% to Boost Market
The Cabinet has approved a reduction in property transfer and mortgage fees to 0.01% to ease the burden on homebuyers and support the property market, effective until June 2026. El...
Decline in Chinese Investment in Thai Condos: Tourism Slump and Earthquake Effects
Chinese condo transfers in Thailand fell below 40% for the first time in five years, influenced by reduced tourism and a recent earthquake. Despite a overall decrease, Chinese buye...
Historic Hanoi Apartments Hit Record $3,900 per Square Meter Amid Renovation Hopes
In Hanoi's Ba Dinh District, a 40-year-old apartment is listed at $3,900 per square meter, reflecting the high hopes of sellers amidst city-led renovation plans. The real estate ma...
Real Estate Leaders Cheer MPC Rate Cut, Yet Express Concerns Over Bank Lending Practices
The Bank of Thailand's MPC has reduced the policy interest rate by 0.25%, a move welcomed by the business sector but met with concerns over strict lending practices and potential f...
RBI Reports a 3.1% Surge in House Price Index for Q3: A Comprehensive Analysis
The Reserve Bank of India reports a 3.1% increase in the All-India House Price Index for Q3 2024-25, with significant regional variations across major cities. Kolkata leads with 8....
Experts Suggest 'Homes for Thais' Scheme Unlikely to Shake Up Thailand's Real Estate Market
The 'Homes for Thais' scheme aims to provide affordable housing to low-income earners in Thailand. Despite high registration numbers, experts believe its impact on the broader real...
Sky-High Prices: Japan's Luxury Condos Now Cost a Decade of Average Earnings
In Japan, the cost of luxury condos has soared to 10 times the average annual income, driven by foreign investment and a focus on the high-end market. Despite potential interest ra...
Luxury Homes in Hong Kong Sold at Steep Discounts as Chinese Tycoons Struggle
Chinese tycoons are selling luxury homes in Hong Kong at steep discounts, with some properties going for less than half their purchase price. This trend is driven by distressed sel...
Hanoi's Apartment Prices Surge Despite Supply Increase
Hanoi's apartment prices have risen by 26.2% despite a significant increase in supply, driven by factors such as lack of competition, rising construction costs, and speculation. An...
