U.S. homebuilding surged to near an 11-year high in May amid an acceleration in both single-family and multi-family home construction, but a second straight monthly drop in permits suggested housing market activity would remain moderate.
Budapest’s luxury housing stock has increased in quantity and quality in recent years, said Chris Clarke, a founder of the real estate agency Clarke & White, and is “becoming on par” with that of other European cities.
But experts warn that ignoring sea level rise won't prevent a looming economic crisis caused by water-logged homes that will someday become unsafe, uninhabitable and too costly to insure
The amended law would allow non-residents to own up to 60 percent of large, new apartment buildings. There is currently no ban on foreign ownership of land, houses or apartments
Prices of single-family homes were unchanged, according to the Svensk Maklarstatistik association
New home prices in Toronto, Canada's biggest city, fell 0.3 % from April 2017, the first year-over-year decrease since October 2009. Overall, prices rose in eight cities in March
The April gain reversed a 1.7 % drop in March, the Commerce Department reported Friday
House prices rose by 1.1 % in May from April, real estate industry data showed, while the annual rate of change swung to growth of 1.0 %
Germany plans to strengthen rules to curb steep rent increases in some big cities, justice ministry documents seen by Reuters showed on Tuesday.
For the last three or four years, Portugal has been “a really great market to invest in,” said Ricardo Costa, chief executive of Luximo’s, an affiliate of Christie’s International Real Estate.
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