Real estate

US new home sales bounce back in November, yet mortgage rate concerns loom
December 24, 2024 05:20 AM AEDT| By InvezzNew home sales in the United States experienced a notable rebound in November, recovering from a downturn caused by hurricanes the previous month. However, this positive development is tempered by concerns about rising mortgage rates, which could pot...

Assad’s fall opens doors for Turkish businesses while raising labour market concerns
December 10, 2024 07:49 PM AEDT| By InvezzThe recent fall of Bashar al-Assad’s regime in Syria marks a seismic political shift, unlocking both challenges and opportunities for Turkey. Experts and business leaders anticipate significant ripple effects on Turkey’s economy, particularly through...

CBRE Group, Inc. (NYSE:CBRE) Sees Significant Decline in Short Interest
December 04, 2024 03:30 AM AEDT| By Team Kalkine MediaHighlights,CBRE's short interest fell 5.8%, signaling market optimism.,CBRE posted $1.20 EPS, surpassing estimates.,Institutional Backing 98.41% of CBRE shares are owned by institutional investors.,CBRE Group Inc. Class A, a leader in commercial real...

Fmr LLC Increases Holdings in Tanger Inc. (NYSE:SKT)
December 03, 2024 03:05 AM AEDT| By Team Kalkine MediaHighlights,Increased holdings in Tanger Inc.by 32.2% in Q3.,23% of SKT shares are owned by institutions.,Revenue up 13.3% year-over-year in the latest quarter.,Tanger Factory Outlet Centers Inc., a prominent name in outlet retail, has garnered increa...

Jones Lang LaSalle: Evaluating ROE Amid Mixed Market Sentiment
November 25, 2024 12:50 AM AEDT| By Team Kalkine MediaHeadlines,Jones Lang LaSalle: Assessing Return on Equity and Market Sentiment,Exploring Jones Lang LaSalle’s (NYSE:JLL) Recent Sentiment and Fundamentals,How Jones Lang LaSalle’s ROE Reflects Its Financial Health,Jones Lang LaSalle Incorporated,(NYSE...

Property prices in Asia’s major markets set to rise in 2025: Hong Kong leads
November 22, 2024 04:57 AM AEDT| By InvezzProperty prices in several major Asian markets are projected to increase in 2025, with Hong Kong leading the expected gains, according to a report by Bloomberg. The data shows a marked reversal in Hong Kong’s housing market, which has experienced yea...

Refinance or ride it out? Making sense of today’s mortgage rates
November 20, 2024 01:39 AM AEDT| By InvezzThe dust is settling after a turbulent election period, and with it, mortgage rates seem to be finding a level. While still historically high, the relative stability offers a glimmer of hope for prospective homebuyers weary of fluctuating borrowing c...

Ditching the skyscrapers: why renters in US are leaving big cities
November 11, 2024 11:34 PM AEDT| By InvezzFaced with escalating rent prices, Americans are increasingly seeking refuge in more affordable regions of the country. A new report from Bank of America, based on deposit data from approximately 45 million customers, reveals a significant shift in m...

Is Airbnb contributing to the global housing shortage?
November 09, 2024 10:05 PM AEDT| By InvezzFrench lawmakers took a significant step on November 7 by passing legislation to tighten the regulation of tourist accommodations like Airbnb. This move, which has been in development since April 2023, aims to limit tax breaks for properties used for...

UK Budget 2024: from capital gains tax hike to inheritance tax overhaul—key takeaways
October 31, 2024 02:23 AM AEDT| By InvezzChancellor Rachel Reeves delivered Labour’s first budget in 14 years on Wednesday in what was dubbed by experts as the largest tax-raising budget the UK has seen in decades. This sweeping fiscal package included significant tax increases to address a...

Could Walmart’s tiny homes under $16,000 be the solution for affordable living?
October 18, 2024 04:55 PM AEDT| By InvezzIn an unexpected twist for homebuyers, Walmart (WMT) is stepping into the tiny house market, providing affordable living options just as Amazon previously ventured into this space with trendy pop-up homes. The retail giant is offering an “expan...

Hong Kong eases mortgage rules to address property slump
October 16, 2024 06:18 PM AEDT| By InvezzHong Kong has introduced new measures to alleviate its prolonged property market slump by easing mortgage rules. The city will raise the loan-to-value (LTV) ratio for all residential properties to 70%, up from 60%, effectively reducing the required d...

Small size, big appeal: why the ultra rich want to buy a house in Monaco?
October 03, 2024 09:03 PM AEST| By InvezzMonaco, one of the smallest countries in the world with a population of just 38,367 is seeing an uptick in housing demand driven by the need of high net worth individuals to relocate to safe havens with low-tax jurisdictions. Covering an area just ov...

Rents in Dubai soar 86%: here’s how expats are responding
October 01, 2024 05:38 AM AEST| By InvezzExpats are increasingly moving to Sharjah as rents in Dubai continue to rise like there’s no tomorrow. The most conservative of the seven emirates passed a law in 2022 that enabled foreigners to buy its real estate and it looks like the legislation h...

UK’s Rightmove rejects £6.2 billion takeover bid from Murdoch-backed REA group
September 30, 2024 08:50 PM AEST| By InvezzRightmove, the UK’s leading real estate portal, has firmly rejected a £6.2 billion takeover bid from REA Group, the Australian property giant backed by Rupert Murdoch’s News Corp. This latest bid marks REA’s fourth attempt to acquire the company, wit...

What’s fuelling the surge in China’s property stocks?
September 30, 2024 07:10 PM AEST| By InvezzShares of Chinese property developers soared on Monday following the introduction of significant easing measures in major cities across mainland China. The moves, designed to rejuvenate homebuyer sentiment, come after the central bank implemented a s...

NNN REIT stock is doing well and has more catalysts ahead
September 29, 2024 05:32 AM AEST| By InvezzNNN REIT’s (NNN) stock price did well in 2024, surging to its highest record level. It has risen for five consecutive months, reaching its all-time high of $49. Its total return this year is 16.31%, higher than the Vanguard Real Estate Fund (VN...

Moody’s flags loan loss gaps for Europe’s banks as property market dips
September 20, 2024 12:17 AM AEST| By InvezzEuropean banks may face challenges in handling property loan defaults if there is a significant rise in problem loans due to severe market pressure, according to a Moody’s Ratings report released on Thursday. However, the report indicated that...

Global super-prime property sales up 66% in 5 years fueled by wealth surge: Knight Frank
September 03, 2024 05:49 AM AEST| By InvezzThe global super-prime property market has experienced a remarkable 66% growth over the past five years, driven by significant increases in wealth and a reshuffling of global assets, according to Knight Frank’s latest report. The top-tier luxury real...

New World Development faces first loss in 20 years due to Xi Jinping’s property crackdown
September 03, 2024 12:41 AM AEST| By InvezzNew World Development, one of Hong Kong’s largest property developers, is bracing for its first financial loss in two decades, a stark signal of the severe impact of Chinese President Xi Jinping’s crackdown on the property market and the broade...