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More People Looking to Move Out of U.S. Tech Hub Cities Than In

More People Looking to Move Out of U.S. Tech Hub Cities Than In

According to Redfin, in the first three months of 2018, Denver posted a "net outflow" of Redfin users for the first time, meaning that more Denver-based Redfin users were searching for homes in other metro areas than Redfin users elsewhere looking to move in. Read More »


Miami Condo Sales Spike 24.6 Percent in April

Miami Condo Sales Spike 24.6 Percent in April

According to the Miami Association of Realtors, Miami's existing condominium market posted its best April in three years as condo transactions jumped 24.6 percent and condo dollar volume surged 40.8 percent year-over-year. Miami single-family home sales and residential prices rose. Read More »

 New Home Sales in U.S. Inch Down in April

New Home Sales in U.S. Inch Down in April

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, U.S. sales of newly built, single-family homes edged down 1.5 percent in April 2018 to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March 2018 report. Read More »

Manhattan Residential Rents Start to Slip in 2018

Manhattan Residential Rents Start to Slip in 2018

Residential rents are falling due to a rapid increase in rental development in 2018. With a new cycle peak for inventory, rents there, as in much of the nation, will likely maintain a trend of moderation. Read More »


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Luxury 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 Residential Real Estate News

Last Updated May 25, 2018 8:50 AM ET

North America

According to Redfin, in the first three months of 2018, Denver posted a "net outflow" of Redfin users for the first time, meaning that more Denver-based Redfin users were searching for homes in other metro areas than Redfin users elsewhere looking to move in.

According to the Miami Association of Realtors, Miami's existing condominium market posted its best April in three years as condo transactions jumped 24.6 percent and condo dollar volume surged 40.8 percent year-over-year. Miami single-family home sales and residential prices rose.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, U.S. sales of newly built, single-family homes edged down 1.5 percent in April 2018 to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March 2018 report.

Residential rents are falling due to a rapid increase in rental development in 2018. With a new cycle peak for inventory, rents there, as in much of the nation, will likely maintain a trend of moderation.

According to a newly released Home Price Expectations Survey by Zillow, the United States will likely enter the next recession in 2020. The quarterly survey asked more than 100 real estate experts and economists about their predictions for the housing market

Orlando's median home price jumped more than 10 percent in April 2018 (when compared to April 2017), while sales likewise saw an increase of more than 8 percent. Inventory declined by nearly 11 percent compared to this time last year.

Last Updated January 11, 2018 8:35 AM ET

Latin America

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

According to InternationalLiving.com's recently released 2017 Global Retirement Index, the top retirement destination in the world this year now goes to Mexico.

According to InternationalLiving.com's 2017 Global Retirement Index, Mexico gets top marks as the best place to retire based on cost of living, retiree benefits, climate, healthcare, and more.

According to InternationalLiving.com, there has been a 160% surge in online searches for terms like "move overseas" and "expats overseas" post Trump election victory this week.

U.S. home builders just completed four days of talks with Chilean government, trade and industry officials that are geared toward increasing exports of softwood lumber and other wood products to America.

Economic growth has significantly moderated in Latin America's leading economies of Brazil, Mexico, Colombia, Peru and Chile.

Last Updated April 10, 2018 8:00 AM ET

Europe

According to new research from Daft.ie, residential rents for properties close to Ireland's light-rail DART train stations and Luas stops rose by 3% to an average of €1,770 per month in the first three months of 2018.

According to the latest Ireland House Price Report released this week by property website Daft.ie, Ireland home prices nationally rose by 2.5% during the first three months of 2018.

According to Ireland property website Daft.ie, searches for properties that qualify for the new government-backed mortgages surged by over 9% last week following the Government announcement of the scheme.

Brits will not be deterred by the weaker pound and Brexit negotiations and will continue to buy properties in France over the course of 2018, thanks to the positive tax reforms and their desire to secure a property before the Brexit deadline.

According to the latest House Price Report released today by Ireland property portal Daft.ie, home prices across Ireland nationally rose by more than €20,000 ($24000 USD) on average during 2017.

According to Chinese international property portal Juwai.com, the post-Brexit referendum boom in Chinese property buying inquiries still persists, even 18 months after the vote on June 23, 2016.

Last Updated February 2, 2018 4:32 PM ET

Asia Pacific

According to a new report by JLL titled "Bridging the Housing Gap", millennials in Asia are now sharing more than work spaces and transport. They have turned to living together in a new form of shared housing where residents have common interests and lifestyles.

Hong Kong's housing market continued to reach new heights in December, capping off a year that saw capital values advance at their fastest pace in five years. Capital values of mass residential properties increased by 1.3% m-o-m in December to lift full-year growth to 15.8 percent.

Hong Kong's private residential completed are forecasted to climb 52% from an average of 14,500 flats per year over the last four years.

Macau's gaming revenue recorded y-o-y growth for the 11th month in a row, driving A residential property market rebounded amid the robust primary sales, leading to strong price growth in some of the residential projects.

According to JLL's latest white paper - Up, Up and Away: The Rise and Rise of Hong Kong's Residential Market, JLL expects Hong Kong's housing prices to grow 15% in the coming 30 months given strong demand from owner-occupiers

Small-to-medium sized developers in Hong Kong are likely to lose their competitiveness in land market.

Last Updated May 7, 2018 9:12 AM ET

Middle East and Africa Pacific

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.

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 property portal Bayut, Al Reem Island is the most in-demand area among Abu Dhabi tenants this year with studios, 1-beds and 2-beds commanding AED 60k, 82k and 120k, respectively, (14% decline from 2016).

Oman's GDP growth is expected to rise to 5.2% next year, aided by the introduction of natural gas production at the Khazzan gas field and the opening of the new airport in Muscat.

According to the latest property report from Cluttons, as the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo 2020 and the introduction of VAT will play a key role in boosting the country's property market.

According to the National Association of Realtors, existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high.

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