Real Estate
U.K. public sector net debt reaches 100 percent of GDP in August, borrowing hits $18.24 billion
The U.K.’s public sector net debt rose in August to its highest since the early 1960s, reaching 100 percent of the country’s gross domestic product (GDP) and around 4.3 percentage…
London Heathrow to invest $3 billion in upgrades over next two years
In the largest private sector capital investment in the UK’s transport network, London Heathrow announces a £2.3 billion ($3 billion) investment over the next two years to upgrade the airport,…
Germany’s commercial property prices down 9.6 percent in Q1 2024: Report
In its latest report, Germany’s Association of German Pfandbrief Banks (vdp) revealed that commercial…
Saudi Arabia, China ink two key deals to boost Kingdom’s housing sector
As Saudi Arabia’s economic ties with China grow, the Kingdom is leveraging…
India eases new real estate tax rules following criticism
India’s government has relaxed the new real estate tax rules it proposed…
U.K. house prices rise 2.3 percent in July, biggest yearly increase since January: Report
House prices in the U.K. recorded the biggest yearly increase since January,…
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The Latest
UK house prices rise 4.7 percent in 2024
UK house prices ended 2024 with strong growth, rising 4.7 percent year-on-year last month. The Northern regions saw higher price growth…
U.S. new home sales rise 5.9 percent to 664,000 in November
Sales of new U.S. single-family homes saw a notable rebound last month following a dip in October caused by hurricanes.…
Canada home sales rise 1.3 percent to seven-month high in August
Home sales across Canada rose in August to a seven-month high after the central bank cut interest rates for the…
China’s home prices hit new nine-year low in July
China’s new home prices fell at the fastest pace in nine years in July as multiple support policies failed to…
Brazil introduces measures to support small businesses, low-income families, and real estate market
The Brazilian government announced lately a series of measures with the goal of renegotiating debts and reducing the cost of…
Saudi Arabia’s minister highlights $3 billion in Spanish real estate investments, announces upcoming development agreement
The Saudi Minister of Municipal, Rural Affairs, and Housing, Majid bin Abdullah Al-Hogail, discussed the significant growth in investments between…
Sales of new U.S. single-family homes rebound 8.8 percent in March, reaching highest level since September
Sales of new single-family homes in the United States (U.S.) experienced in March a rebound after a downward revision in…
April 18, 2024 British housing market sees 0.2 percent price drop, 9.2 percent rent surge amid shifting rate outlook
ritish house prices fell in February by the smallest amount in eight months, declining by 0.2 percent on an annual…
A luxurious, eco-friendly haven: The Red Sea’s regenerative tourism takes center stage
As Saudi Arabia prepares to welcome its first guests to The Red Sea and AMAALA destinations, the anticipation is high for the…
U.K. to invest $1.35 billion in AI research compute by 2030, says PM Starmer
In a conversation with NVIDIA founder and CEO Jensen Huang at London Tech Week, U.K. Prime Minister Sir Keir Starmer confirmed…