Brazil's economy shrank in the first three months of the year for the first time since 2016, when the country was in recession.
German builders completed nearly 285,900 new dwellings last year, the highest number in 16 years, data showed on Wednesday, but construction still fell short of expectations and may not ease a drastic shortage of affordable housing.
As migration to the region and low unemployment create increased demand for housing, developers are rushing to meet it with additional supply.
Municipality on the Danube will have horticulture economy. EON, Hungary’s KESZ, Germany’s FAKT are project partners.
Existing home sales in the United States fell in April, the second month in a row to see a decline, but prices continue to increase, the latest index data shows.
Cost for apartments has jumped 50% in the past five years. Most smaller cities have yet to recover from property crash.
Overall the U.S. inventory of homes in the bottom third of the market by price rose 3.5%, the fastest annual growth rate in at least six years, according to Trulia.
Living by the beach is becoming even more cost prohibitive. While many Americans know about the sky-high costs of housing in New York City or Seattle, affordability is increasingly the worst in areas where the wealthy vacation and a large share of local workers cater to their needs. The trend taps into the worsening economic inequality that is reshaping American society.
Finding a bargain...
Prime property prices in key cities around the word are continuing to moderate with the latest data showing they increased by 1.3% year on year, down from growth of 4.3% two years ago.
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