Real Estate News | THE WORLD PROPERTY JOURNAL
U.S. Pending Home Sales Increase Four Straight Months in November. According to the National Association of Realtors, U.S. pending home sales gained 2.2% in November 2024 - the fourth consecutive month of increases and the highest level since February 2023.
Hong Kong Housing Market to Reach Equilibrium in Late 2025
Dec 5, 2024 · Hong Kong's private residential housing market is showing signs of stabilization as inventory levels gradually adjust to align with demand. Comparing the available supply of private housing (comprising units approved for pre-sale and unsold units in completed projects) to primary transaction volumes over the past year, the months of supply dropped to 78.2 months in October 2024, down from a ...
Ultra Luxury Home Sales Globally Experience Slowdown in Q3
Dec 6, 2024 · London was sole market to enjoy a rise in $10 million+ home sales. Based on Knight Frank's newly released Global Super-Prime Intelligence Report, a slowdown in luxury residential sales of properties priced over $10 million occurred across 12 major global cities during the three months leading up to September 2024.
U.S. Mortgage Applications Increase in Late October
Dec 3, 2024 · New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.
Emerging Global Real Estate Streamer WPC TV Expands Video …
Nov 26, 2024 · Veteran media and real estate technology entrepreneur Michael Gerrity announced this week the expansion of his emerging direct-to-consumer global real estate streaming platform's video category offerings ahead of its anticipated 2025 launch.
1 in 5 Renters in America Entire Paycheck Used to Pay Monthly …
Nov 25, 2024 · According to new data from Redfin, over one in five U.S. renters (22%) report that all of their regular income is spent on rent in 2024. Many renters are taking on additional jobs to cover housing costs, with 20% saying they work a second job for this purpose.
World Property Exchange Announces Development Plan
Dec 5, 2024 · WPE real estate token exchange designed to create personal wealth for the masses. Miami, Florida-based World Property Exchange (WPE), an emerging digital real estate token exchange, has announced plans to commence initial development of its automated exchange in Q1 of 2025. This platform, once launched, will enable the issuance and trading of high-quality and vetted real estate ownership ...
World Property Markets, World Property Media to Commence …
Dec 2, 2024 · World Property Markets, which specializes in building next-generation real estate listings marketplaces and infrastructure, currently owns and operates Global Listings, the world's largest multiple listings engine with over 3.3 million property postings per month across 110 countries and growing.In addition, World Property Markets is currently developing World Property Search, a new AI-powered ...
U.S. Pending Home Sales Increase for Third Consecutive Month in …
Nov 29, 2024 · "Homebuying momentum is building after nearly two years of suppressed home sales." said NAR Chief Economist Lawrence Yun. "Even with mortgage rates modestly rising despite the Federal Reserve's decision to cut the short-term interbank lending rate in September, continuous job additions and more housing inventory are bringing more consumers to the market."
New Home Sales Hit 2 Year Low in America
Nov 29, 2024 · The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.