International
Global house prices rise at their fastest rate since 2006
Knight Frank's Global House Price Index tells of a 7.3% average increase across 56 tracked countries in the year to Q1 2021.
Middle Eastern buyers returning to UK market
Buyers from the region accounted for 16% of all UK sales to overseas purchasers in the first three months of the year, compared to less than 10% in the previous two quarters.
Prime property stock shortage looms across Europe
“The strong sales rates we’ve seen in the last 12 months have been driven almost entirely by domestic buyers," says Knight Frank; "once borders reopen and cross border transactions normalise, we expect sto…
Monaco new-builds ‘could cost €100k per square metre’
The 125 homes emerging from the sea as part of the €2bn Mareterra development could smash a few records when finally released.
Hawaii named top destination for world’s luxury homebuyers
Survey of elite buyers by Leading RE’s luxury division found one in five were interested in buying in the tropical Aloha State, where inventory has now dropped to ‘record lows’
Ireland imposes 10% property investor tax
"The introduction of the higher stamp duty rate of 10% for the bulk purchase of houses is designed to dissuade the practice whereby institutional investors buy up homes that are close to completion, or…
Five definitions that have ‘the potential to profoundly improve’ international real estate markets
Billed as a "world-first" that "has the potential to profoundly improve consistency" of international real estate markets, the Royal Institute of Chartered Surveyors has published new global best practice…
Berkshire Hathaway HomeServices names new CEO
Christy Budnick has stepped up to become CEO of Warren Buffett's real estate brokerage Berkshire Hathaway HomeServices, which operates in the UK as BHHS Kay & Co.
Affluent home-buyer demand has shifted, but which trends will endure?
"Mega estates are making a comeback," says American property giant Coldwell Banker. "Gardens and backyard settings are being re-envisioned. Luxury medical concierges are the next big wellness trend
Fine & Country moves into Mallorca
Up-market estate agency to open a new Balearic outpost.
The investment case for global property: What ‘the next generation’ wants
Flora Harley explains how preferences are shifting amongst younger ultra-high-net-worth individuals around the world...
Super-prime sales soar in Los Angeles
26% more LA homes sold above US$10 million in 2020 than in 2019.