Titus Lim’s Post

Market sentiment has turned positive as at end-2024, in view of easing interest rates, improving economic outlook, and healthy end-user demand. Both private and public housing markets are expected to remain resilient in 2025, with upside potential in sales volumes. and pricing. PropNex expects developers' sales to come in at 8,000 to 9,000 units (ex. EC) in 2025, while overall private home prices may climb by 3% to 4% for the full year. Meanwhile, HDB resale flat prices are projected to rise by 5% to 7%, supported by a healthy resale volume of 29,000 to 30,000 units in 2025. In the residential leasing market, private home ventals may face some pressure amid fresh completions coming on stream in 2025, and resistance among tenants in paying higher rents after the strong rental growth from 2021 to 2023. Private home rentals have moderated in 2024, and could see marginal growth in 2025. Encouraged by the uptick in sales, developers may have a keener appetite for site acquisition to shore up land inventory via public land tenders and perhaps the collective sales market, should suitable opportunities arise. Do connect with me if U will like to have this Most Updated Research Report for Year 2025🤗 Leong Elaine 梁绮玲 wa.me/+6596956656 Commercial | Residential Trust Is The By-product Of Integrity #君子爱财取之有道 #Trust #Integrity #Consistency #Branding #Positioning #RealEstate #Consultant #PWSAdvocate #ELConsultant #Commercial #Residential #PEOPLEBusiness #MacroPerspectives #Reputation #DelayedGratification

Among all housing budget categories, the data shows that buyers of homes priced between Rs 50 lakh to Rs 1 crore took the most time, around 30 days, to decide on buying a home from the day they first got a lead to pay in the booking amount. This gap has grown - it was 20 days in FY2024. If we compare H1 FY2025 data with that of the previous fiscal (FY2024), we note a slight increase in the conversion time from 25 days in FY2024 to about 26 days in H1 FY2025. This can be attributed to the general rise in property prices over the past year, which is giving buyers in this bracket a pause before they commit. #residentialrealestate #housingmarket #indiarealestate

In April 2024, the housing market in Richmond, VA, showed positive signs of growth and stability. 📈 Here's a quick summary of what we've noticed: Market Performance: The Richmond real estate market demonstrated a cautiously optimistic trajectory. Median home prices notably increased, reaching $350,000 in February 2024, marking a 9.6% year-over-year rise. Seller's Market: Richmond was in a seller's market, with homes typically selling close to or above their list prices. The average days on the market were relatively low, around 20 days, indicating healthy buyer demand and swift property turnover. Housing Inventory: Despite a slight increase in housing inventory by 14.0% in February compared to January 2024, demand continued to outpace supply, maintaining a competitive market environment. New Home Construction: The forecast for new home construction was promising, aiming to address the growing demand for housing, particularly rental units. Approximately 8,125 new rental units were anticipated to be in demand. Market Dynamics: Buyer competition remained strong, leading to multiple offer scenarios on properties. This competitive environment, coupled with low days on the market and high sale-to-list price ratios, showcased the dynamic nature of the Richmond real estate market. Investment Opportunity: Richmond presented promising investment opportunities, with median home values showing growth and rental market fluctuations providing insights for investors to align their strategies. Comparative Analysis: Compared to Northern Virginia, Richmond exhibited a more modest housing growth rate but maintained competitive median sale prices. Nationally, Richmond outpaced many metropolitan areas in terms of year-over-year price increases. Overall, Richmond's housing market in April 2024 reflected a resilient and competitive environment, with indications of sustained growth and favorable conditions for both buyers and sellers! Are you ready to buy or sell a house in the area? Contact Ernie Dettbarn today! ✉️ #dettbarnrealeastate #richmondhousing #richmondhousingmarket #2024markettrends #markettrends #marketperformance #rva #rvahouses

🏡 Australian Home Price Growth Slows 🏡 An indication that the heat may be coming off the housing market. House prices across combined capitals rose for the sixth consecutive quarter, maintaining a consistent pace with the previous quarter, but slowing compared to the 2023 quarterly gains. Unit price growth decelerated significantly, with the weakest quarterly outcome since early 2023, growing at a rate four times slower than the previous quarter. This has led to a slowdown in annual gains for the first time this growth cycle for both combined capital house and unit prices. See the latest Domain House Price Report June Quarter for a more detailed breakdown by capital city. #KnowWhatWeKnow #PropertyResearch #DomainGroup

🏡 Abilene Housing Market: November 2024 Update 📊 The local housing market is finding its balance as we head toward the new year! With inventory settling at 4.5 months and appreciation returning to healthy, steady levels, the Abilene market reflects stability and opportunity. 🔑 Key Takeaways: 📉 Inventory Trends – Slowed new listings and buyer activity are creating a balanced, sustainable market. 🏠 New Construction Shift – Listings are down 20% year-over-year as national builders focus on affordable homes for mid-range buyers. 📊 Affordability Wins – Abilene’s median price of $239,000 is still a significant value compared to the state’s $333,000 median price! 📖 Read the full report here ➡️ https://lnkd.in/gaSyyYjj #AbileneHousingMarket #MarketUpdate #AbileneTX #RealEstateInsights #BHGRESenter #AffordableLiving #HousingTrends #TexasRealEstate

✅ Housing markets are shifting from seller's to more balanced states in many regions across the U.S, due to a boost in housing supply. 🔄 ✅ Sales-to-New-Listings Ratio (SNLR) is a valuable tool for gauging market conditions. A balanced market, where supply and demand are equal, falls between 40% to 60% SNLR. 📊 ✅ Cities like Boston, Jacksonville, and Atlanta have transitioned into more balanced markets, while Denver, Seattle, and Tampa remain sellers’ markets but with a slight drop in SNLR. 🌇 U.S. housing markets are moving away from predominantly sellers' advantage to more balanced states. This is due to an increased housing supply in the past year, contributing to a shift towards equilibrium. Assessing market conditions via the Sales-to-New-Listings Ratio (SNLR) suggests that markets are less competitive than last year, as cities like Boston, Jacksonville, and Atlanta shift to more balanced markets. Yet, places like Denver, Seattle, and Tampa, despite being categorized as sellers' markets, have seen a slight drop in SNLR due to a surge in new listings. Buyers, sellers, and especially investors preparing to invest in real estate in regions like southern California, should keenly monitor these trends. They are vitally significant in holding a more stable and predictable investment environment. Contact me for more information on eXp Realty.👩💼🏡💬

✅ Housing markets are shifting from seller's to more balanced states in many regions across the U.S, due to a boost in housing supply. 🔄 ✅ Sales-to-New-Listings Ratio (SNLR) is a valuable tool for gauging market conditions. A balanced market, where supply and demand are equal, falls between 40% to 60% SNLR. 📊 ✅ Cities like Boston, Jacksonville, and Atlanta have transitioned into more balanced markets, while Denver, Seattle, and Tampa remain sellers’ markets but with a slight drop in SNLR. 🌇 U.S. housing markets are moving away from predominantly sellers' advantage to more balanced states. This is due to an increased housing supply in the past year, contributing to a shift towards equilibrium. Assessing market conditions via the Sales-to-New-Listings Ratio (SNLR) suggests that markets are less competitive than last year, as cities like Boston, Jacksonville, and Atlanta shift to more balanced markets. Yet, places like Denver, Seattle, and Tampa, despite being categorized as sellers' markets, have seen a slight drop in SNLR due to a surge in new listings. Buyers, sellers, and especially investors preparing to invest in real estate in regions like southern California, should keenly monitor these trends. They are vitally significant in holding a more stable and predictable investment environment. Contact me for more information on eXp Realty.👩💼🏡💬

In July, the National Home Value Index (HVI) recorded a 0.5% increase which marks the 18th consecutive month of growth. The ongoing imbalance between housing supply and demand is expected to support housing prices throughout the second half of the year, despite a slight increase in real estate listings. Read our latest Australian Property Market Snapshot: https://lnkd.in/gJ22reJC

📉 While interest rates will drop, bringing buyers back into the market and potentially taking projects off the shelf, hurdles such as the high cost of building persist. So, the concern is that the slowdown of builds, coupled with the departure of investors from the market, will result in a supply shortage in the not-too-distant future. "If we can no longer rely on condo investors to hold units as rentals, we will be facing a tremendous supply squeeze, particularly once completions begin to trend down in 2027. Without a very meaningful pick-up in purpose-built rental construction, the rental supply and affordability situation will get much worse.” - Shaun Hildebrand, Urbanation Inc. Source: https://lnkd.in/g2wnKX2d #torontorealestate #gtahomes #torontohousing #canadahousing #torontorentals

Q2 Rents Post Second Steepest Drop in Five Years