Month: April 2023

Reading time: < 1 MinuteHome prices in Britain fell at their fastest annual rate since 2009, after interest rate hikes drove up borrowing costs. The British Building Society reported that the average home price in March fell by 3%.1 percent compared to last year, exceeding the 2%.2 percent decline predicted by economists surveyed by Bloomberg News. The association added … Read more

Reading time: 2 MinutesDuring the first quarter of 2023, the “Real Estate Unit Sorting” program recorded an increase in the number of square meters sorted, exceeding 9.3 million m², representing more than 30,000 real estate units. “Real Estate Unit Sorting” reported a notable increase in figures during the first quarter, with a rise of more than 36% in the number of square meters sorted, while the increase in the number of units exceeded 42%… Read more

Reading time: < 1 MinuteEconomic data revealed that pending home sales in the United States rose in February, contrary to expectations, reaching their highest level since last August—a new sign of stability in the U.S. housing market after a turbulent year. The National Association of Home Builders’ index, which tracks signed contracts for the purchase of existing homes, rose by 0.8TP3T last month to … Read more