The latest monthly snapshot from the Royal Institution of Chartered Surveyors showed property prices stabilised in March after months of decline amid the impact of higher interest rates and the cost of living crisis. Ilaan.com is Pakistan’s most comprehensive property website, portal, finder focused on improving the visual property viewing experience of users to help them make better-informed decisions regarding capital investment in the real estate sector. Real Estate Agent News Keep informed with what is happening with Real Estate Agents in New Zealand/Australia and internationally.

• The Council of Ministers has submitted a bill to Parliament to increase the frequency of general property valuations carried out by the Department of Lands & Surveys from three years…
• More than 400 professionals from the construction and real-estate industry gathered…
• Meanwhile, Mr Kusher said as the property market continued to strengthen, the rental market remained strained due to a lack of rental stock available.
• The average estate agent had 31 homes for sale in the four weeks to May 19, up 20pc on the same period last year and the highest in data going back to 2017, according to Zoopla.

Eleven buyers – a mix of young families and developers, who were eyeing it for its knock down potential – registered to bid. Two key statistics indicate that Australia’s housing affordability crisis will continue to worsen, even as governments scramble to ease supply constraints. Byron Bay might be out of reach, but Sydneysiders are ditching the commute for coastal hotspots that cost half the price of the capital.

The Straits Times

So much so, that some owners preferred to leave their homes empty rather than renting them at rates that wouldn’t cover costs. Another risk factor in the property sector in 2023 is an increase in interest rates, which could also cause people to put off buying property. We believe that interest rate hikes will continue until the first half of 2023 but rates are expected to stabilize or decrease in the second half.

Buyers and sellers actively seek Property News Magazine for great leads. Low satisfaction with property portals revealed by survey of estate agentsOver one in four estate agents are unsatisfied with the property portals that they use, according… How first-time buyers are affording their homes and which additional costs surprise them. If you are looking to invest in a coastal property, look no further than these towns.