real estate market News

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...