Real Estate

  Bloomberg Sales of previously owned US homes fall in March to the lowest since June 2020 as historically low inventory paired with rising mortgage rates curbed purchases. Contract closings decreased 2.7% in March from the prior month to an annualised 5.77 million, figures from the National Association of Realtors showed. The figure was in line with estimates in a ...

  Dubai / WAM About 2,145 real estate and property transactions worth AED6.3 billion were conducted in Dubai during the week ending April 22, according to the Land Department of the Government of Dubai. Two hundred and twenty-five plots were sold for AED1.12 billion, and 1,436 apartments and villas were sold for AED3.2 billion, said a Land Department statement on ...

Bloomberg The average price of a Toronto home dipped in March as a slight cooling of activity allowed the pace of new listings to close the gap with sales, even as the market remained heavily tipped in sellers’ favour compared with historic standards. The average home price in Canada’s largest city dipped 2.6% to just under C$1.3 million in March ...

  DUBAI / WAM A total 2,135 real estate transactions worth AED8.2 billion in total were conducted during the week ending April 1, according to figures released by the Dubai Land Department. A total of 247 plots were sold for AED1.45 billion, and 1,423 apartments and villas were sold for AED3.09 billion. The top three transactions were a land in ...

  DUBAI / WAM The International Property Show (IPS) 2022 kicked off at the Dubai World Trade Centre in a strategic partnership with Dubai Land Department (DLD), witnessing the attendance and participation of hundreds of international real estate exhibitors and over 600 international real estate investors. The exhibition will run until March 26 and aims to shed light on new ...

  DUBAI / WAM Dubai’s real estate market recorded 474 sales transactions worth AED1.52 billion and mortgage deals of AED441.56 million, in addition to 11 gift transactions amounting to AED27.4 million, data released by the emirate’s Land Department (DLD) showed. The sales included 376 villas and apartments worth AED849.54 million, and 98 land plots worth AED671.55 million. The mortgages included ...

  Dubai / Gulf Time The cosmopolitan city of Dubai which is synonymous with the plush shopping malls, penthouses and real estate activity is fast returning to normal. The operations which had taken a back seat due to the Covid-19 pandemic are gaining momentum. As per the figures issued by Dubai Land Department (DLD), Dubai real estate market recorded 368 ...

  DUBAI / WAM The real estate and properties transactions valued at AED13.4 billion in total during the week ending 11 March 2022, according to the Dubai Land Department (DLD). The weekly DLD report said the sum of transactions was 2,333. 245 plots were sold for AED2.09 billion, 1,542 apartments and villas were sold for AED3.29 billion. The top three ...

  Bloomberg London property is back in vogue as a return to the office fuels demand for homes in the UK capital. That’s according to Rightmove Plc, which said in a report on Monday that buyer enquiries and asking prices both rose sharply this month. The jump represents a turnaround for the London property market, which underperformed other parts of ...

  Sharjah / WAM The Sharjah Real Estate Registration Department (RERD) announced that during 2021, the real estate trading volume in the emirate of Sharjah recorded the highest value in four years. The department’s annual report revealed that the volume of real estate transactions in the emirate amounted to a total of AED26.2 billion last year. Abdul Aziz Ahmed Al ...