High-End Real Estate Growth - Expected to Continue Australia’s prestige market is poised for more growth, according to CBRE’s Prestige Residential Valuer Insights for the September 2024 quarter. The report, which surveyed CBRE’s valuers, showed that 54% of respondents expect luxury house values to increase in the next year, with 17% of them predicting over 5% growth. The highest expectations for a boost in the prestige house market are in Western Australia where around 50% of respondents predict between 5-10% growth. In South Australia, fewer respondents predicted growth (30%), but those that did foresee larger increases of more than 10%. Respondents then ranked New South Wales third, Victoria fourth and Queensland likely to see the least amount of growth, each with between 5-10% predicted. One valuer said, “Prestige properties are taking longer to sell, however are still achieving and surpassing expectations in regard to price.” #prestigeproperty #propertymarket #propertyinvesting If you’re looking to invest in property in Australia, MoneyQuest Rose Bay can help you secure finance. Get in touch by emailing rose.bay@moneyquest.com.au or calling 0457 575 423.
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London's luxury residential market, valued at £5 million and above, continues to show resilience post-pandemic, although it has slightly slowed down from its peak in recent years. In the first quarter of 2024, a total of 89 high-end properties were sold in the capital, amounting to £918 million in value. This represents a 44% increase from the 62 sales in Q1 2019, but a decrease of -20% compared to Q1 2023. Looking at the annual figures, there were a total of 504 sales of properties worth £5 million and above in the year leading up to Q1 2024, with 352 falling in the £5-10 million range and 152 above £10 million. The surge in new buyer registrations in central London for April, up 44% from pre-pandemic levels, indicates a positive trend in the market as we head into the busier season ahead. More info: #LondonHomes #LondonProperty #StJohnsWood #RegentsPark #LittleVenice #PrimeRealEstate #RealEstate #PrimeProperty #PrimeLocation #Property #Savills #SuperPrime #PropetyResearch #CentralLondon #PropertyExpert #PropertyAgent #TrustedAdvisor #PropertyMarket #RealEstateAgent #PropertyInvestment #RealEstateInvestor #InternationalRealEstate #Investor #PropertyInvestor #Homeoftheday #LondonPropertyPodcast #MariusNazare #LifeofMMN
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Understanding the Residential Real Estate Market: Opportunities and Challenges The residential real estate market reached a value of approximately USD 9.97 trillion in 2023 and is expected to experience robust growth. With a projected CAGR of 5.8% from 2024 to 2032, the market is set to reach an estimated USD 16.8 trillion by 2032. This growth highlights the expanding opportunities in the residential real estate sector. Read Full Reports: bit.ly/3M9UmZP Some of the key players in the market are DLF Limited, Savills, D.R. Horton, Lennar, Christie's International Real Estate, Engel & Völkers, Sun Hung Kai Properties Limited, Coldwell Banker Real Estate, Keller Williams Realty, Inc. and many more. #marketresearchreports #news #marketoutlook #informesdeexpertos #ide #residentialrealestatemarket #growth #residentialrealestate #opportunity
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🏡 March 2024: A Snapshot of Australia’s Dynamic Real Estate Market! 📈 In a surprising twist, property listings in Perth, Adelaide, and Brisbane have actually increased this month, contrary to the overall trend of declining listings we've observed over the past year. Despite this uptick, listings remain significantly lower than they were 12 months ago, pointing towards a tight market with rising property values. Here's the scoop: Perth, Adelaide, Brisbane: Listings up for March, yet down significantly over the year. Market Impact: This scarcity boosts property values, highlighting the importance of strategic market timing. What does this mean for you? Whether you're buying, selling, or investing, understanding these trends is key to making informed decisions in these dynamic markets. 💡 Thoughts? Experiences? Predictions? Let’s discuss how these trends are shaping your real estate strategy! Source: SQM Research #RealEstateAustralia #MarketTrends #Perth #Adelaide #Brisbane #BuyersAgent #PropertyInvestment
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2024 UK Premium Property Trends & Market Impact of Interest Rate Cuts 🏡📈 Latest reports from the UK Real Estate Trends Institute show there’s a 15% increase in demand for eco-friendly luxury homes and a 20% rise in interest for properties equipped with advanced home technologies. Buyers are prioritising sustainability more than ever. 🔑 Furthermore, the Bank of England’s recent decision to lower interest rates has sparked an increase in market activity. Financial analysts predict that these lower borrowing costs could make high-end properties more accessible, potentially boosting buying and selling across the sector by up to 10%. 💬 Is this likely to give our buyers and sellers more confidence in the market? #UKRealEstate #LuxuryProperty #MarketTrends #InterestRates #TheAvenueDifference
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Everyone is finding the real estate market a bit different depending where you are, what property you live in, or have as investment. Here's our Spring 2024 Top-Tier Real Estate report to keep you updated with the residential market across Canada. https://lnkd.in/gAMmPGiT
Top-Tier Real Estate: 2024 Spring State of Luxury Report - Sotheby's International Realty Canada
https://sothebysrealty.ca/insightblog/en
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MARKET UPDATE | Stay ahead of the curve with the latest market update! With Perth's median house sale price on the rise, understanding and navigating the current real estate market has never been more crucial. According to REIWA's 2024 property market quarterly update, there's a significant possibility of a 20% increase in median house prices by year-end. The latest figures show a 13.6% surge in the median house sale price over the past 12 months, reaching a record $625,000. With such momentum, achieving 20% growth by the end of 2024 is within reach. These market conditions are driving ongoing price growth, making it an overwhelming situation for those who are new to both Perth and Australia. As relocation consultants based in Perth, we understand the importance of having someone on your side to decipher market trends, navigate complexities, and seize opportunities. Ready to navigate the evolving real estate landscape with confidence? Let's chat about how we can support you in your property endeavors amidst these exciting market dynamics. #PerthPropertyMarket #REIWAUpdate #RealEstateInsights Any questions, please let us know.
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Data from Savills' 2024-2028 forecasts have predicted that housing transactions will increase next year as there is more stability within the market after high interest rates over the past couple of years. Are you planning to move next year? 🌟 Please get in touch to find out how best to prepare your property for the market! #PropertyMarket #UKProperty #LuxuryLiving
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The ultra-luxury real estate market is showing some impressive trends that could benefit those looking to invest. Boston, in particular, has seen a staggering 200% increase in transactions for properties above $10 million compared to last year. This surge demonstrates how new developments can significantly impact market dynamics. For anyone considering jumping into real estate, it’s essential to stay informed about emerging markets and high-demand areas. Research trends in competitive markets and seek properties that offer unique features and premium amenities. By understanding these factors, investors can position themselves to take advantage of favorable conditions and potentially yield substantial returns. It’s a great reminder of how vital it is to keep an eye on changing landscapes in the real estate sector. What tips do you have for navigating these exciting market shifts? Share your thoughts below! https://lnkd.in/exKZ78tY
New Development Activity Played a Pivotal Role in Boston's 200% Jump in Real Estate Transactions Above $10 Million - Boston Real Estate Times
https://bostonrealestatetimes.com
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Dubai’s real estate market is experiencing a surge, with record-breaking sales and rising property values. This presents a compelling opportunity for investors, but navigating the market requires a strategic approach. Here’s a breakdown to help you decide whether to buy or sell || https://zurl.co/PnAj Knight Frank MENA Anarock Middle East Prathyusha Gurrapu MRICS Savills Middle East Cherif Sleiman Property Finder #DubaiRealEstate #PropertyInvestment #MarketInsights #Buy #Sell
Dubai property market 2024: Is now the right time to buy or sell? - CW Property Middl...
https://property.constructionweekonline.com
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According to CBRE's Quarterly Residential Valuations Property Market survey, 78% of valuers are optimistic about home value growth. The highest expectations for growth are centered around Perth, Sydney metro, and Adelaide. Over 40% of experts think we could see an increase of up to 5%, while more than 30% are betting on a solid 5-10% growth. Looks like a promising year ahead in the property market!
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