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THE WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Differentiating Between a Tourist and a Traveler

Differentiating Between a Tourist and a Traveler

Seattle, Washington: Are you an eco-wanderer or an urban explorer? Ponder for a moment, if you could travel the world, where would you go? Is your calling the pulse of big cities or traveling to destinations accessible only by canoe? Read More »


Pending Home Sales in U.S. Remain Flat in July

Pending Home Sales in U.S. Remain Flat in July

According to the National Association of Realtors, pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months. Read More »

Where Are Future U.S. Homebuyers Hiding?

Where Are Future U.S. Homebuyers Hiding?

According to a new report by Freddie Mac shows that people renting single-family properties (renting a house/townhouse or condo) may be more likely to buy than those in apartments. Read More »

U.S. In-Foreclosure Sales Drops to 15 Year Low in July

U.S. In-Foreclosure Sales Drops to 15 Year Low in July

Sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows while year-to-date U.S. home sales in 2015 are at an eight-year high Read More »


Global Property Spotlight

Central Florida Executive Resort-Style Residence Available

Central Florida Executive Resort-Style Residence Available

Expertly designed from the inside-out with a brilliant use of space and attention to detail in that each room shares many common features. Read More »


Regional Real Estate News

Last Updated August 28, 2015 11:14 AM ET

North America

Seattle, Washington: Are you an eco-wanderer or an urban explorer? Ponder for a moment, if you could travel the world, where would you go? Is your calling the pulse of big cities or traveling to destinations accessible only by canoe?

According to the National Association of Realtors, pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months.

According to a new report by Freddie Mac shows that people renting single-family properties (renting a house/townhouse or condo) may be more likely to buy than those in apartments.

Sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows while year-to-date U.S. home sales in 2015 are at an eight-year high

According to CoreLogic's hazard risk analysis, a total of 13,121 homes with a combined reconstruction cost of more than $3 billion are at some level of risk from the Chelan Wildfire.

According to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 21, 2015, mortgage applications increased 0.2 percent from one week earlier.

Last Updated August 14, 2015 8:15 AM ET

Latin America

In Cuba, 220 miles south of Miami, real estate is considered hotter than any other commodity on the world market today.

Belize has a new luxury residential project to celebrate these days named after the Mayan god of day and night called Itz'ana Resort & Residences.

With the official start of summer this Memorial Day weekend, are you looking for an out-of-the-ordinary summer escape, away from the crowds? Well...there are some great ones!

Miami's real estate market remains a top destination for foreign buyers despite economic slowdowns in Latin America and Western Europe.

London is still the most important global city for the world's ultra-high-net-worth individual (UHNWI), followed by New York and Hong Kong.

London's West End is the world's most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong.

Last Updated August 28, 2015 11:14 AM ET

Europe

Seattle, Washington: Are you an eco-wanderer or an urban explorer? Ponder for a moment, if you could travel the world, where would you go? Is your calling the pulse of big cities or traveling to destinations accessible only by canoe?

The luxury real estate market on Rhodes is starting to stabilize now that Greece's future in the Euro seems secure, reports international real estate consultancy Engel & Völkers.

Year-on-year inflation in rents eased back slightly between March and June but remains high at 8.6% nationwide.

According to global property advisor Knight Frank, Specialist Property investment is set to achieve a record year, with transaction volumes likely to reach £12bn in 2015.

No cycle lasts forever, and a choppy July in the global financial markets reminds us that historically UK real estate has usually gone into a downturn due to an external shock in the macro-economic environment.

U.S. second homebuyers are checking out Europe this summer, with the UK, France and Italy enjoying the lion's share of their interest.

Last Updated August 21, 2015 9:00 AM ET

Asia Pacific

According to CBRE data, office vacancy rates and average rents in all three major Japanese cities showed improvement in July 2015.

Private equity, public equity, private debt and public debt--reported an uptick in real estate capital market transactions in the second quarter of 2015 across Asia.

According to CBRE, the total value of real estate investment transactions (those worth at least JPY 1 billion) in Q2 2015 declined 28% y-o-y to JPY 674 billion.

According to Juwai.com's Chinese Purchasing Intent Index for Thailand, the desire by Chinese to buy property in Thailand has outperformed that of larger countries.

Annual China-sourced outbound flows to commercial real estate experienced a compound annual growth rate of 72% to reach over $10 billion for the year 2014.

It's good to be a hotel owner these days as 2015 is on track to be a record year for foreign investment into hotels says JLL.

Last Updated August 25, 2015 8:00 AM ET

Middle East and Africa Pacific

According to UAE property portal Bayut.com, July 2015 saw the Dubai real estate market continuing with price stabilisation, except in the high-end market.

According to CBRE Group, an average of $15.0 billion per year will flow out of the Middle East into direct real estate globally in the near-term.

According to UAE property portal Bayut.com, the first half of the year 2015 saw the real estate sector of Dubai losing the steam it had amassed over the last two years.

Shopping centres across Europe, the Middle East and Africa (EMEA) are now the preferred destination for eating and drinking, says a new report by CBRE.

According to a new report by Wealth-X and the Sotheby's International Realty released this week, ultra wealthy individuals are buying up luxury homes around the world to further diversify their holdings.

According to Phidar Advisory's Q2 mid-quarter Dubai residential research report, shows that residential prices continue to decline in the first six weeks of Q2, compared to Q1-15.

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