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Pakistan

Global Home Prices Spike 9.2 Percent in Mid-2021

The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.

Much of the World's Housing Market in a Price Bubble in 2021

International property broker Knight Frank's latest Global House Price Index is reporting that urban house prices worldwide are rising at their fastest rate since 2007 and of the 150 cities they track, 43 are now registering annual price growth above 10%.

Exploding Global E-commerce Growth Requires 1.5 Billion Square Feet of New Distribution Space

With e-commerce penetration expected to grow to 26 percent of all retail sales by 2025, the U.S. will need an additional 330 million sq. ft. of distribution space just to handle the increase in online ordering in that timeframe.

Asia Pacific Commercial Property Markets Slowly Rebounding Post Covid

According to CBRE's latest MarketView and Investment Trends research, the commencement of COVID-19 vaccination programs and an improving economic outlook contributed to a steady increase in commercial property leasing and capital markets activity in Asia Pacific in Q1 2021.

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