In the last two decades house prices have skyrocketed to as much as 16 times the median wage, compared to just four times the median wage in the 1980s. Record low interest rates, home loan holidays and working from home may have prevented the Australian property market from crashing during the COVID-19 pandemic. As the pandemic continues, the risk of a prolonged economic downturn could cause some buyers to rethink making a big purchase, especially given rising home prices. Sanjay Chandra’s parents are unwell and hospitalized, the court was told. Sanjay Chandra has been granted bail for one month but his brother Ajay Chandra’s request was rejected. Sanjay Chandra’s 79-year-old father is COVID-19 positive and is in the ICU.
Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market. Stay informed on Tokyo land prices, redevelopment projects, taxes on Japanese real estate, real estate terms, and more. We provide useful news and information especially for foreigners (non-residents) interested in buying, selling, and owning properties in Tokyo.
When listings expire and are reassigned to a new real estate agent. When bidding wars become rare and sale prices below the listing price are far more common.
When the stock market drops sharply and people experience financial loss as a result. When terrorism becomes a reoccurring event, and when it appears that our country is unsafe or might be close to war.
Metro Vancouver home sales hit 3,047 in August at a benchmark price of $1.04 million, as the housing market continued its recovery from the COVID-19 pandemic. The industry insiders feel that home buyers are taking advantage of the low realty prices and also the low interest rates on home loans on offer currently.
Toronto is one of seven world cities most at risk of a residential real estate bubble, according to a new report released by UBS this week. Receive a weekly email with the latest housing market information, news and updates.
A lift in the housing market has boosted business for real estate agency McGrath with strong sales prices and transaction volumes. Tokyo’s office vacancy rate worsens for 8th month, owner-build house starts hit 55-year low, and Aichi’s population shrinks for first time since 1956.
We are covering everything from agents/brokers and the housing market to the world of real estate tech advancements. Global real estate consultant JLL’s latest Property Market Monitor research is reporting this week that Hong Kong’s overall Grade A office rents further contracted in September 2020. Slovenia is home to the world’s fastest rising house prices with average values accelerating 18.2{8704f81107b584f493e88decf90659238c21f561fbbecd1b3b8ed03ce440a1aa} year-on-year. Falling unemployment, low interest rates and until recently, limited supply, are behind the strong price growth. Florida Realtors are reporting that the sunshine state’s housing market continued to be a bright spot for the state’s economy in October 2020, even as the coronavirus pandemic showed no signs of easing. Real Estate Conference & Expo is where learning takes center stage and where business solutions and connections are at the forefront of the real estate industry. All the info you need on California’s housing market, economy, and issues impacting the industry.
