ABSD shock seen hitting prime housing market hardest, could drive away foreign investors

April 27, 2023

VIEWS are mixed on the direction of private home prices following the latest market cooling measures, but the impact on demand and hence prices will be felt most acutely in the Core Central Region (CCR) or prime areas, property consultants said.

Written by: sherwin@eyeconz.com

Real Estate News April 27, 2023

US pending home sales fall 5.2%, biggest drop since September

US pending home sales fell last month by the most since September, suggesting the housing market isn’t totally out of the woods yet.

Swedish home construction set to plummet this year, Nordea says

SWEDISH home construction is likely to plummet in the wake of falling housing prices, weighing heavily on the Nordic country’s economy, Nordea Bank Abp said in an outlook report.

Real Estate News May 9, 2023

New York’s smallest businesses face big rental hikes

THREE years after the pandemic flattened the Manhattan office market and the commercial ecosystem that depended on it, small businesses in the other boroughs are facing the biggest rent increases in the city. The burden is landing mostly on store owners in predominantly Black, Latino and Asian neighbourhoods, according to a new analysis of Department [...]

Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

ABSD shock seen hitting prime housing market hardest, could drive away foreign investors

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US pending home sales fall 5.2%, biggest drop since September

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Swedish home construction set to plummet this year, Nordea says

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!