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Hong Kong Tops London as World's Most Expensive Office Market in 2019

Hong Kong Tops London as World's Most Expensive Office Market in 2019

According to a new report from CBRE, the rising cost of leasing prime office space accelerated across the globe in the year ended March 31 due to continued economic growth, job gains and limited availability of prime space in certain markets. Of the 122 markets tracked by CBRE, 85 registered cost increases. Read More »


New Home Mortgage Applications in U.S. Spike 20.1 Percent Annually in May

New Home Mortgage Applications in U.S. Spike 20.1 Percent Annually in May

U.S. mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent. This change does not include any adjustment for typical seasonal patterns. Read More »

The World's Housing Market Appreciated 3.9 Percent Annually in Q1

The World's Housing Market Appreciated 3.9 Percent Annually in Q1

Slovenia is home to the world's fastest rising house prices with average values accelerating 18.2% year-on-year. Falling unemployment, low interest rates and until recently, limited supply, are behind the strong price growth. Read More »

U.S. Commercial, Multifamily Mortgage Debt Reaches $3.5 Trillion

U.S. Commercial, Multifamily Mortgage Debt Reaches $3.5 Trillion

The level of commercial/multifamily mortgage debt outstanding in the U.S. rose by $45.4 billion (1.3 percent) in the first quarter of 2019. Read More »


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 »


Last Updated June 14, 2019 9:08 AM ET

Asia Pacific Real Estate News

According to Redfin, Cleveland, Detroit and Pittsburgh are the most affordable places where couples can throw a wedding and also cover a down payment on their first home. In all three Midwestern metro areas, the average combined cost of a wedding and a down payment is less than $65,000, compared with the national average of more than $109,000.

Based on new data from the Mortgage Bankers Association, U.S. mortgage credit availability increased in May 2019 according to the Mortgage Credit Availability Index (MCAI). The MCAI rose 1.9 percent to 189.5 in May.

Request for Letters of Interest for a Master Developer for the City's Downtown and Innovation District

According to CoreLogic's latest monthly Loan Performance Insights Report, the report shows that nationally 4% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in March 2019

The Greater Las Vegas Association of Realtors (GLVAR) is reporting for the third straight month, Southern Nevada home prices continued to hovering at $300,000 in May 2019, while the number of homes on the market continued to increase.

According to Redfin, sale prices for newly built homes in the U.S. fell 1 percent year over year to a median of $363,900 in the first quarter of 2019, the first such drop in seven years.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 31, 2019, U.S. mortgage applications increased 1.5 percent from one week earlier. This week's results included an adjustment for the Memorial Day holiday.

Department of Veterans Affairs welcomed more than 100 industry stakeholders and governments officials.

In recognition of June being national LGBT Pride Month, the National Association of Realtors has recently released its first-ever Profile of Lesbian, Gay and Bisexual Buyers and Sellers.

U.S. independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $285 on each loan they originated in the first quarter of 2019.

According to ATTOM Data Solutions Q1 2019 U.S. Home Flipping Report, 49,059 U.S. single family homes and condos were flipped in the first quarter of 2019, down 2 percent from the previous quarter and down 8 percent from a year ago to a three-year low.

According to a new report from CBRE, the growth of online grocery sales has the U.S. market for cold-storage warehouses poised for strong growth, potentially creating demand for up to 100 million sq. ft. of industrial cold-storage space over the next five years.

According to JLL's latest Residential Sales Market Monitor Report, the price premium commanded by new mass residential flats sized 752 sq. ft and under on Hong Kong Island against the New Territories has narrowed from 90% to 79% over the past five years.

A new survey by Zillow is reporting this week that younger homeowners in the U.S. more often say they rushed through the buying process and have regrets about their mortgage.

Global real estate consultant Knight Frank is reporting that economic uncertainty of Brexit, coupled with the complexities of the planning system and rising build costs, have exerted pressure on London land values at the turn of 2019.

As the National Association of Home Builders celebrate National Homeownership Month in June 2019, U.S. home builders are urging Congress to address America's housing affordability challenges.

According to CBRE Hotels Research's latest report, the U.S. lodging supply will increase at an annual pace greater than the long-run average through 2022.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending May 24, 2019, U.S. mortgage applications decreased 3.3 percent from one week earlier.

More than 7.3 million single- and multi-family homes in the U.S. along the Gulf and Atlantic Coasts have the potential for storm surge damage, with a total estimated reconstruction cost value (RCV) of nearly $1.8 trillion.

U.S. pending home sales declined in April 2019, a modest change from the growth seen a month before. Only one of the four major regions - the Midwest - experienced growth, while the remaining three regions reported a drop in their respective contract activity.

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