The WPJ

Asia Pacific Residential

Macau Property Market Remains Hobbled in 2022

According to JLL in its 2022 Macau Mid-year Property Review and forecast, Macau has been gradually back to normal with the new wave of COVID-19 pandemic that emerged in the middle of the year being brought under control.

Home Prices in Hong Kong Estimated to Decline 10 Percent in 2022

According to global property consultant JLL, Hong Kong home sales picked up rapidly in Q2 after the social distancing measures were relaxed in April 2022.

Global Cities Home Prices Rising at Fastest Rate Since 2004

According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.

Global Commercial Investment Hits $282 Billion in Early 2022

According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022. Investment was up by 47% in the Americas, 25% in EMEA and 5% in Asia-Pacific. Note that all investment totals and percentage changes cited in this report are in U.S. dollars.

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