At the beginning of February, RERA, the real estate market regulator in Dubai, began actively combating the proliferation of faux property listings, which have lengthy been a problem for the market. Threatening online platforms with authorized consequences and demanding the removal of such listings, the regulator managed to drastically scale back their number… “While home sales remain sizably lower than a few years ago, January’s month-to-month gain is the start of extra provide and demand,” NAR chief economist Lawrence Yun said in a news release Thursday. Higher-than-average home costs are making it exhausting for native individuals to search out affordable properties within the South West.

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Kolkata’s real estate market confirmed resilience in 2024 post-pandemic, with elevated flat gross sales throughout numerous price segments. Affordable housing demand soared, supported by new launches and office transactions knowledge analyzed by CBRE South Asia. The variety of existing-home gross sales dropped 4.3% in March from February as homebuyers grappled with rising costs and mortgage rates. Homebuyers are nonetheless facing affordability points since costs and mortgage rates are elevated. Homebuyer demand declined however house prices truly rose 2% to 5% greater by the end of 2023 versus a 12 months in the past.