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 U.S. Home Sales Slide in Late 2018

U.S. Home Sales Slide in Late 2018

According to a new report by the National Association of Realtors, after two consecutive months of increases, existing-home sales in the U.S. declined in the month of December 2018. None of the four major U.S. regions saw a gain in sales activity last month. Read More »

Higher Rates, Limited Supply Slow Miami Home Sales in December

Higher Rates, Limited Supply Slow Miami Home Sales in December

Higher mortgage rates resulted in fewer Miami-Dade home sales in December 2018. After five months of consecutive increases countywide, total Miami-Dade County sales decreased 6.2 percent year-over-year in December 2018. Read More »

Co-working Operators Main Driver of Hong Kong Office Leasing Activity

Co-working Operators Main Driver of Hong Kong Office Leasing Activity

According to JLL's latest Hong Kong Property Market Monitor report, despite lingering uncertainty surrounding the global economy and a slumping local stock market, co-working operators remained a major source of demand in the office leasing market in December last year. Read More »

Orlando Housing Market Ends 2018 with Mixed Signals

Orlando Housing Market Ends 2018 with Mixed Signals

Orlando's annual median home price for 2018 ($232,500) is 5.7 percent higher than the 2017 annual median price ($220,000) thanks to another 12 consecutive months of year-over-year price increases. 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 January 23, 2019 8:45 AM ET

Asia Pacific Real Estate News

The Dow Jones Industrial Average finished 2018 down 3.5% and lost 13% of its value between October 2018 and December 2018 alone -- its worst annual performance since 2008. The downturn rippled through world equity markets.

U.S. mortgage applications for new home purchases decreased 6.1 percent from a year ago. Compared to November 2018, applications decreased by 13 percent. This change does not include any adjustment for typical seasonal patterns.

Well, the Holidays are over. The caroling is over. The end-of-year merrymaking is over. And so - perhaps mercifully to some - the Holiday gorging and sweet treats and restaurants and huge dinners at relatives' and friends' homes is over, as well.

According to the California Association of Realtors, California home sales declined for the eighth straight month in December 2018, and a stagnating market for much of the year pushed sales lower in 2018 for the first time in four years.

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.

U.S. builder confidence in the market for newly-built single-family homes rose two points to 58 in January 2019 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

This is the second year in a row that Silicon Valley earns that distinction even as the winds are shifting in the nation's priciest housing market. Meanwhile, the South is drawing new residents seeking affordability and jobs in some up-and-coming tech markets.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending January 11, 2019, U.S. mortgage applications increased 13.5 percent from one week earlier.

Global commercial real estate consultant JLL is reporting this week that Asia Pacific's overall real estate transaction volumes in 2019 are expected to rise by five per cent, though the pace of growth momentum will slow down.

According to CBRE, the availability rate for U.S. industrial real estate declined by 8 basis points (bps) in the fourth quarter of 2018, while demand for warehouses exceeded the delivery of newly constructed supply by roughly 6 million square feet.

Commercial and multifamily mortgage originators in the U.S. expect 2019 to be another strong year in lending activity.

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

Many of the US's largest operators of single-family rental homes are working with their residents affected by the government shutdown to accommodate their needs.

According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates dropped significantly across the board in early January 2019.

According to ATTOM Data Solutions new 2019 Rental Affordability Report, renting a three-bedroom property in the U.S. is more affordable than buying a median-priced home in 442 of 755 U.S. counties analyzed for the report -- 59 percent.

According to the newly released 2018 Zillow Group Report on Consumer Housing Trends, the median income for a first-time buyer in the U.S. is $72,500, compared with the national median household income of $60,700.

Since the start of the U.S. Government shutdown on December 21, 2018, all aspects of the federal housing, mortgage, and programs of the real estate industry have been impacted.

Mortgage applications increased 23.5 percent from one week earlier. This week's results include an adjustment for the New Year's Day holiday. The Market Composite Index increased 23.5 percent.

The strike rate of People's Republic of China (PRC) developers in Hong Kong's government land sales market dropped notably in 2018.

The recent cooling trend continued through December 2018 for the local housing market, with stable home prices, fewer properties changing hands and more homes on the market than one year ago.

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