A recovery in sales of houses with more than three bedrooms boosted the total value of property on the market to £230bn this month – up £45bn from a year ago. The number of houses for sale in Britain has surged to an eight-year high in the latest sign the property market is recovering from last year’s downturn. “Buyers should anticipate 4-5% mortgage rates over much of 2024, consistent with flat to low single-digit price rises,” it said. Rics said the results of its March survey indicated that house prices “have stabilised at the headline level, with forward-looking metrics suggesting that an upward trend may emerge later in the year”. Demand for residential and commercial real estate augments in certain areas… Established in 2000, Property News Magazine is established as a preferred Namibian real estate marketing platform.

• Property Week’s 2024 Power of Proptech survey, sponsored by Freeths, seeks to explore the robustness of this digital infrastructure and how prepared businesses are to meet the technological challenges facing the property sector.
• If you are interested in Seminyak, feel free to check out our real estate listings for sale in Seminyak.
• To continue, upgrade to a supported browser or, for the finest experience, download the mobile app.
• ‘I think people were realising it wasn’t an ideal situation to sell at that time.

Redevco Living Targets 10,000-Plus Units for Residential Development Pipeline to Enter Top Ranks of European Residential ManagersRedevco, one of Europe’s largest private real estate companies with about €9.0 bn in AUM, has… Helical sells 50% stake in 100 New Bridge Street carbon friendly office redevelopmentHelical plc has entered into a joint venture arrangement for the redevelopment of 100 New Bridge… Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues.

Mumbai achieves best in 11-year property registrations in 2023

Timesproperty is a company with rich experience in real estate advisory. Jacob Fong has taken a deep dive into the Brisbane office market and uncovered good buying opportunities in the city’s Midtown precinct. Fewer property valuers expect demand to rise in the next 12 months, but more are still predicting higher prices due to scarce supply. Elevated construction costs, a shortage of labour and a lack of off-the-plan buyers have lifted the number of stalled new dwellings that are already approved to over 37,000.

Ciputra Property, Kopelland and Win Properties – with enough choice to choose from there is a new home waiting for everybody, whether it is in the lively city centre of Jakarta or the suburbs of any of the other major cities. While the jump in housing supply will undoubtedly help to keep a lid on soaring house price inflation, buyers are still showing caution as mortgage costs remain near their highest in four decades. Across the UK prices were down by 0.5% year-on-year, although this masked regional variations. In Scotland, Northern Ireland, Wales, the Midlands and the north of England prices increased, but across the south of England they fell.