Advertisement
×

THE WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Tampa Tops National List of Best Cities for First Time Home Buyers in 2019

Tampa Tops National List of Best Cities for First Time Home Buyers in 2019

Based on a new Zillow housing report -- 2019 Best Markets for First-Time Buyers Analysis -- first-time buyers looking for an affordable home without steep competition will have the best luck in Tampa, Florida. This is the second year in a row that Tampa tops this list. Read More »


Australia's Industrial, Office Sectors Enjoying Strong Performances in 2019

Australia's Industrial, Office Sectors Enjoying Strong Performances in 2019

Australia's industrial and office sectors are set to experience the double-digit returns in 2019, making them forecast to be the highest performing asset classes. Read More »

California Home Sales Rebound in February, Says C.A.R.

California Home Sales Rebound in February, Says C.A.R.

California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February's annual sales level were the highest in six months. Read More »

Mortgage Applications Increase in March

Mortgage Applications Increase in March

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 8, 2019, mortgage applications increased 2.3 percent from one week earlier. Read More »


Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »


Regional Real Estate News

Last Updated March 21, 2019 9:07 AM ET

North America

Based on a new Zillow housing report -- 2019 Best Markets for First-Time Buyers Analysis -- first-time buyers looking for an affordable home without steep competition will have the best luck in Tampa, Florida. This is the second year in a row that Tampa tops this list.

California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February's annual sales level were the highest in six months.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 8, 2019, mortgage applications increased 2.3 percent from one week earlier.

According to the Mortgage Bankers Association's latest Commercial and Multifamily Mortgage Debt Outstanding quarterly report for 2018, the level of commercial and multifamily mortgage debt outstanding in the U.S. at the end of 2018 was $216 billion (6.8 percent) higher than at the end of 2017.

According to Zillow's February 2019 Real Estate Market Report, residential rent prices grew at their fastest rate in 10 months in February 2019, reaching 2.4 percent year-over-year appreciation.

According to the Orlando Regional Realtor Association, Orlando's housing market saw its median price continue a years-long upward trek with an economically healthy 3 percent year-over-year increase in February 2019.

Last Updated January 4, 2019 9:02 AM ET

Latin America

Panama, the winner of the 2019 Global Retirement Index, has been a constant in the Index, but this year marks the 10th time it's reached the #1 spot--climbing from third place to scoop the top prize.

According to a new Global Retirement Index by International Living Magazine, Costa Rica won the top spot for U.S. expats to retire in 2018.

Panama-based Red Frog Beach Island Resort & Spa announced this week the resort's newest amenity, La Rosa Beach Club. The new addition features event and meeting spaces, a bar, a restaurant, a stunning waterfall and an infinity-edge pool.

According to InternationalLiving.com's 2018 Global Retirement Index, Costa Rica takes the top spot for the first time in the index's history.

The recent 7.1 magnitude earthquake that stunned Mexico City (and surrounding states of Mexico, Morelos and Puebla) is now having a strong impact on Mexico's commercial real estate market.

Billionaire real estate developer and U.S. President Donald Trump, who once considered building luxury hotels in Cuba, is getting set to swing a sky-high verbal crane over the tiny Communist-governed nation.

Last Updated February 11, 2019 8:16 AM ET

Europe

According to Daft.ie's latest quarterly Ireland Rental Report, while residential rents rose nationwide by an average of 9.8% in the year to December 2018.

According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018.

According to JLL, the overall office take-up in 2018 amounted to 1.39m sq. m, being flat year-over-year. Strong demand and low completions have led to growth of Class A and B+ rents, by 6.3% and 3.2% respectively over the course of last year.

According to new research by housing platform HousingAnywhere shows an upward trend for rental prices in Q4 compared to the year before for all their major European student destinations.

According to JLL, commercial real estate investment volumes in Russia reached $2.8bn in 2018, down 39% YoY from $4.7bn. Within the total, Q4 2018 investments were $966m, half the levels of Q4 2017.

Global real estate consultant JLL is report that €3.6 billion of Irish property traded during the year 2018 across nearly 200 deals.

Last Updated March 21, 2019 8:19 AM ET

Asia Pacific

Australia's industrial and office sectors are set to experience the double-digit returns in 2019, making them forecast to be the highest performing asset classes.

Growing interest from China developers in acquiring older buildings for redevelopment in Hong Kong contributed to the Lands Tribunal receiving 39 compulsory sale applications in 2018.

Based on JLL's latest whitepaper Shenzhen's Tech Prosperity Drives Office Demand, technology companies are spurring global demand for office space, and this phenomenon is particularly pronounced in Shenzhen, China.

Thirty one percent of Australian development sites in 2018 were bought by Chinese developers who purchased $1.3 billion worth of Australian residential development sites in 2018. This figure was down from $2.02 billion in 2017, or one-third of all site sales.

According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.

Less than 100 new luxury units (1,722 sq. ft or above) will be completed in Hong Kong's traditional luxury residential areas, including The Peak, Southern district, Kowloon Tong, Homantin and Mid-Levels, in 2019.

Last Updated May 29, 2018 8:01 AM ET

Middle East and Africa Pacific

According to STR, hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

The Abu Dhabi property market heavily favored renters and buyers in Q1 of 2018, with market data showing price decreases in all areas. both apartments and villas across the sales and rental sectors became increasingly affordable in Q1.

According to STR, hotels across the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

Residential rents across Dubai registered no change during the first quarter of 2018, helping improve the annual rate of change to -3.1%, from -7.7% at the end of last year.

According to STR, hotels in the Middle East reported mixed performance results in January 2018, while hotels in Africa posted growth across the three key performance metrics.

According to STR, hotels in the Middle East reported negative 2017 performance results, while hotels in Africa posted growth across the three key performance metrics.


Featured International Listings

×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO