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Real Estate
China’s new home prices rise at slower pace in August
China’s new home prices continued to rise in August, but the pace of growth slowed.
NZ housing consents plunge 22% in 12m
New Zealand's housing construction sector saw a 22% drop in new home consents in the year ending July 2024.
US 30-year mortgage rates hit lowest point since April ’23
The average interest rate for the popular 30-year fixed-rate mortgage in the United States dropped to its lowest…
NZ c. bank highlights weakness in commercial property market
The Reserve Bank of New Zealand (RBNZ) released a report, noting the continued weakness in the commercial property…
S. Arabia signs 5 MoUs to advance urban development
Saudi Arabia signed five memorandums of understanding (MoUs) in the United States to strengthen urban development…
Australia’s home insurance crisis worsens – report
The number of Australian households facing home insurance affordability stress has risen by 30 per cent to 1.6…
US 30-year fixed-rate mortgage hit new low
The average rate on the popular U.S. 30-year fixed-rate mortgage has fallen to its lowest level since May 2023.…
Qatar real estate trade volume hits QR164m in 1 week
Qatar's real estate sector recorded a trading volume of QR 164,585,647 in sales contracts during the period from…
S. Korea’s household credit up by $10.4b in Q2 – BOK
South Korea's household credit increased by 13.8 trillion won ($10.4 billion) in the second quarter, reaching…
China’s Kaisa unveils debt restructuring plan
Kaisa Group, a Chinese property developer, took a major step in resolving its offshore debt crisis by reaching an…