World Property Journal » Saudi Arabia
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World Property Journal ("THE WPJ") is in the real estate news and information business -- on a global scale. With millions of worldwide online readership that is often quoted by other mass news media outlets, THE WPJ is currently the #1 ranked International Real Estate News site in the world by Google and top-ranked in over 50+ local Countries. Discover what's happening in Saudi..
World Property Journal » Saudi Arabia
1M ago
According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7 ..read more
World Property Journal » Saudi Arabia
4M ago
Based on new data by Kate Everett-Allen, head of international residential research at Knight Frank, despite 2 regional wars, rising mortgage rates and inflation, global economies have displayed surprising resilience, with recent inflation figures suggesting a turning point ..read more
World Property Journal » Saudi Arabia
5M ago
According to new research by Knight Frank, global super-prime ($10m+) residential sales fell 2.4% in Q3 2023 on a year-on-year basis, with 362 sales across the 12 markets covered in the three months to September compared to 371 in the same period last year ..read more
World Property Journal » Saudi Arabia
5M ago
Global commercial real estate investment declined by 51% year-over-year in Q3 to $142 billion. Investment fell by 53% in the Americas, 54% in Europe and 31% in Asia-Pacific. Rising interest rates in many countries contributed to the significant drop of investment activity ..read more
World Property Journal » Saudi Arabia
6M ago
Based on Knight Frank's latest Global House Price Index, average annual price growth slowed across a cohort of world cities in Q2 2023, falling to 1.7% from 3.2% in Q1 of 2023 ..read more
World Property Journal » Saudi Arabia
7M ago
According to a new report from CBRE, power supply has had difficulty keeping pace with data center industry growth across the globe, keeping vacancies low and pushing rents up even amid robust construction ..read more
World Property Journal » Saudi Arabia
7M ago
Global house price growth ticked up to 3% in Q2 of 2023, up from 2.9% in the previous quarter. About a third of markets saw prices decline during the most recent three months, narrowing from four in ten over the past year ..read more
World Property Journal » Saudi Arabia
10M ago
Based on Knight Frank's newly released Global Branded Residences Report 2023, the branded residences property sector has enjoyed sustained growth despite significant recent global economic turmoil ..read more
World Property Journal » Saudi Arabia
11M ago
According to global property consultant Knight Frank, rents in global luxury residential markets are continuing to see strong growth. The Knight Frank Prime Global Rental Index rose by 8.5% in the 12 months to March 2023 this year - with rents in a majority of markets hitting new records ..read more
World Property Journal » Saudi Arabia
11M ago
Global property consultant Knight Frank is reporting this week that Singapore leads the Q4 2022 rankings, pushing New York off the top spot. Singapore's annual rental growth grew from 23% in Q3 to 28% in Q4 2022, with limited stock and strong demand driving prices higher ..read more