Weaker economic conditions and currency fluctuations are behind the recent slowdown in sales activity, although prices remain resilient. The rise of the Thai Baht against the Yuan and US dollar has led to weaker overseas demand and there are signs developers are exercising caution when launching new projects.
The Global Residential Cities Index tracks the movement in residential prices across 150 cities worldwide. Xi’an usurped Budapest to take the top spot in the 12 months to June 2019. Other European cities including Porto, Zagreb and Athens also performed strongly.
The new Hong Kong Monthly Report confirms that political uncertainty and the economic slowdown continued to dent residential market sentiment during October. However, the new mortgage cap for first-time buyers which was raised to 90% for homes valued at up to HK$8 million is expected to add some simulus.
Rien de tel qu’une agence au cœur d’une ville choisie pour investir sereinement dans un immobilier de pointe. Agent immobilier spécialisé dans les propriétés de luxe, Venice Real Estate est désormais adossée au géant Knight Frank mais n’a pas oublié de conserver une taille humaine et de transmettre l’amour de Venise à ses clients. Une…