Latest news and articles about real estate market from NEX English
Valero Developments has announced the enhancement of its competitive position in the cities of Al-Obour and New Al-Obour by providing a comprehensive customer experience. This experience spans from site selection to post-delivery services, reflecting the company's commitment to quality and comfort.
Arkan Real Estate has announced its ambitious strategy to enhance its presence in the Georgian real estate market, targeting to lead this market by 2027 through the development of integrated projects in the capital, Tbilisi.
SALAM PROPERTIES has announced the appointment of Dr. Rasha Haggag as a business development consultant, reflecting the company's commitment to enhancing its leadership capabilities. This appointment aligns with the company's ambitious expansion plans.
Reports indicate that all active home listings in Nantucket, Massachusetts, exceed one million dollars, with an average listing price of $4.08 million. This real estate market is among the most exclusive in the United States.
Halifax reports a decline in home prices in the UK during March, attributed to rising interest rates affecting demand. This drop occurs amidst escalating tensions in the Middle East.
Mortgage demand in the United States fell by <strong>0.8%</strong> last week, marking the first decline since January 2025. This drop is attributed to ongoing economic uncertainty stemming from the war in Iran, despite a slight decrease in interest rates.
The Saudi Ministry of Municipalities and Housing has announced the implementation of a vacant property fee project aimed at balancing the real estate market and increasing the supply of residential units. This initiative is part of broader reforms to enhance the efficiency of real estate asset utilization.
Joy Behar, host of 'The View', is attempting to sell her Hamptons home by raising the asking price by <strong>$1 million</strong>, despite the property being on the market for over a year without a sale.
Home prices in Toronto, Canada, have seen a significant decline, reaching their lowest levels in over five years. This drop reflects buyer caution amid negative economic forecasts and global disruptions.
American actress Diane Farr, known for her role in 'Fire Country', has announced the sale of her historic home in Los Angeles for <strong>$2.8 million</strong>. This decision comes as she plans to move to Washington State to be closer to her show's filming location.
A former owner of the Chrysler Building in Manhattan is closer to regaining control of this iconic architectural landmark. This move comes amid significant changes in the New York real estate market.
The real estate market in the United States is facing significant challenges due to the war in Iran. A recent survey indicates that buyers are more concerned about the economy and interest rates than home prices.
Kampong Glam in Singapore has experienced a significant drop in commercial apartment sales, with reports indicating that most buyers are locals. This decline comes amid circulating rumors on TikTok regarding rental prices and property ownership.
A luxury apartment in Palm Jumeirah, Dubai, has set a record by selling for <strong>65.4 million AED</strong>. This sale reflects the growing demand for luxury properties in the UAE.
Dubai's real estate market recorded significant growth in March 2023, despite surrounding regional tensions. This growth reflects the strength of the real estate sector in the emirate and its ability to overcome challenges.
Concerns are growing about companies leaving New York City as reports emerge of Apollo Global Management's plans to establish a new headquarters in the southern U.S. Despite this, data indicates that the commercial real estate market in Manhattan remains strong.
Real estate sales in Dubai have seen a significant increase, reaching <strong>138.7 billion dirhams</strong> in the first quarter of the year. This growth is driven by high-value investment deals and reflects the rising interest in luxury properties in the emirate.
After years of stagnation, the Goldin Finance 117 skyscraper in Tianjin, China, is nearing completion as workers install the diamond crown atop the building, which will reach a height of <strong>596 meters</strong>. This development comes amid significant challenges facing China's real estate market.
The UK real estate market faces a significant crisis of confidence as sector stocks come under severe pressure due to rising fears of stagflation. This situation arises during a sensitive time for the British economy, which is facing increasing challenges.
The real estate market in Dubai recorded a remarkable AED 4.4 billion in transactions in a single day, showcasing the market's strength and continued appeal to investors. These figures reflect significant activity in the real estate sector, contributing to the enhancement of the local economy.
Investors in the Falcon City project in Dubai have achieved a significant legal victory after years of litigation. The court ruling reflects the UAE's commitment to protecting investor rights and enhancing confidence in the real estate market.
As home prices rise and interest rates increase, buyers are starting to regain their negotiating power in the real estate market. This shift presents new opportunities for them to secure better deals.
Kendra Wilkinson, a former reality TV star, transitioned into the luxury real estate market in 2020, successfully building a diverse portfolio of properties in Malibu. This shift came after an unexpected encounter several years ago.
Mortgage rates in the United States have seen a significant increase for the fifth consecutive week, reaching 5.98% for a 30-year mortgage as of February 26. This rise comes amid escalating conflict in the Middle East, impacting financial markets.
Real estate developers in Hong Kong have announced an increase in new home prices this week following successful sales of residential units in recent days. This increase comes amid geopolitical uncertainty and rising interest rates, presenting new challenges for buyers in the real estate market.
Chris Pratt and Katherine Schwarzenegger have canceled the sale of their luxurious mansion in Pacific Palisades after nearly three years on the market at $32 million. This decision comes as they reside in singer Katy Perry's home, raising questions about their future plans.
Recent reports indicate that many tenants in the UAE are postponing the renewal of their rental contracts, raising questions about how to negotiate for better prices. Experts offer valuable advice to tenants in this context.
Berkeley Group, a leading UK construction firm, has experienced a significant drop in its shares following a reduction in profit forecasts. The company cited the ongoing conflict in the Middle East and deteriorating economic conditions as key factors influencing this decision.
A new study reveals that Dubai ranks first in the UAE for luxury real estate, with these properties making up 88% of the total market. This comes at a time when the real estate sector in the UAE is experiencing a notable recovery.
Home resale prices in Singapore have seen a significant decline in the last quarter, marking the first drop since 2019. This decline occurs amid changing economic conditions and global market influences.