Sydney Real Estate News
Sydney
Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Perth Leads Australia's Home Price Growth in 2021
According to CBRE, Perth's residential market is on track to record double digit growth for the first time in 11 years - leading Australia's housing recovery in 2021.
Australia's Retail Sector Recovering Unevenly in 2021
Global commercial property consultant CBRE is reporting that 2020 saw the retail property sector in Australia recalibrate as lockdowns, trading restrictions and border closures impacted trading conditions and shifted consumer demand.
Manila Top-Ranked City in Latest Global Residential Cities Index
The annual rate of home price growth (worldwide) increased between Q2 and Q3 2020, from 4.1% to 4.7%, and 18 international cities saw prices rise by more than 10% year-on year, up from 16 in Q2 2020.
