UK housing market remains subdued despite slight price fall, with experts predicting stability and potential rise in 2024 and 2025
Uk Housing MarketHouse PricesHalifaxMortgage RatesBank Of EnglandReal Estate NewsJul 05, 2024
House prices fell by 0.2% in June 2024.
Experts predict stability and potential rise in house prices over the rest of 2024 and into 2025.
The shortage of available properties is currently underpinning higher house prices.
The Labour Party has promised to reform the country's planning system to speed up home-building.
Investors predict a 55% chance of the BoE cutting rates for the first time in more than four years on August 1.
The Indian real estate sector is set for a major transformation with a projected INR 14 trillion debt market surge between 2024 and 2026, driven by high demand for construction finance and lease rental discounting.
India's leading real estate developer DLF reports a substantial increase in profit and sales bookings in Q1FY25, driven by strong housing demand and a robust launch pipeline.
GCCs' growing demand for office spaces fuels India's commercial real estate growth, with 67% planning to expand their portfolios by 10% in the next two years.
China's economic slowdown is multifaceted, influenced by declining productivity, real estate issues, demographic challenges, and inefficiencies in research and development. Government policies aim to foster innovation, but significant obstacles remain.
Real estate expert Vishal Bhargava expressed shock over Maharashtra Ports Minister Nitish Rane's request to transfer land, signaling a potential shift in the state's property landscape.
Mahindra Lifespace Developers Ltd, a prominent player in the real estate sector, has secured two significant redevelopment projects in the bustling suburb of Lokhandwala, Mumbai. This move underscores the company's commitment to urban transformation and sustainable development in India's financial capital.