World Property Journal
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THE WPJ is the World's Real Estate News Leader covering Residential, Commercial, and Vacation property market news on a global scale. Our editorial focus and goal are simple - to help all active property buyers, sellers, investors, and tenants worldwide - make more informed transaction decisions.
World Property Journal
13h ago
Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) averaged 6.74 percent as of March 14, 2024 ..read more
World Property Journal
13h ago
Based on new data from international property consultant Knight Frank, global super-prime ($10m+) residential sales rose 11% in Q4 2023 on a year-on-year basis. There were 411 sales across the 12 markets covered in the three months to December compared to 370 in the same period in 2022 ..read more
World Property Journal
13h ago
According to the National Association of Realtors, U.S. existing-home sales climbed in February 2024. Among the four major U.S. regions, sales jumped in the West, South and Midwest, and were unchanged in the Northeast. Year-over-year, sales declined in all regions ..read more
World Property Journal
13h ago
Mainland Chinese buyers are observed to have accounted for around 70% of recent primary sales of luxury residential properties worth HKD 30 million or above, rebounding from less than 50% before the removal ..read more
World Property Journal
1w ago
According to CBRE's latest North American Data Center Trend Report, North American data center pricing approached record levels in 2023, influenced both by strong demand and power constraints that limit how much new capacity can be brought online ..read more
World Property Journal
1w ago
Based on new Zillow data 2023 sales found that homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home ..read more
World Property Journal
1w ago
Based on new research by national property broker Redfin, more than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming 2024 presidential election ..read more
World Property Journal
1w ago
According to the annual European Hotel Valuation Index (HVI) published this week by global hotel consultancy HVS, hotel values across Europe remained steady in 2023 buoyed by the consolidation of the post-pandemic recovery and a steady desire to travel keeping average room rates strong ..read more
World Property Journal
1w ago
Based on new research by international property consultant Colliers, annual total investment in South Korean hotels reached KRW 5.8 trillion and KRW 5.5 trillion in 2021 and 2022, respectively ..read more
World Property Journal
3w ago
According to the National Association of Home Builders, Multifamily starts in the U.S. are predicted to decline in 2024. Meanwhile, the remodeling sector remains on solid ground and will hold steady this year ..read more