Real Estate News | THE WORLD PROPERTY JOURNAL
World Property Markets to Commence Industry-wide Joint Venture Fundraise. Michael Gerrity, founder of the Miami-based real estate technology developer World Property Ventures, just announced that its newly formed subsidiary, World Property Markets, will soon launch a major joint-venture funding round in early 2025.
Number of U.S. Home Sales Hit 30 Year Low in 2024
Oct 4, 2024 · 31 percent fewer U.S. homes sold in 2024 than in prepandemic 2019. According to a recent Redfin report, only 25 out of every 1,000 U.S. homes changed ownership in the first eight months of 2024, marking the lowest housing turnover rate in 30 years.
Hong Kong Housing Market to Reach Equilibrium in Late 2025
Dec 5, 2024 · Hong Kong's private residential housing market is showing signs of stabilization as inventory levels gradually adjust to align with demand. Comparing the available supply of private housing (comprising units approved for pre-sale and unsold units in completed projects) to primary transaction volumes over the past year, the months of supply dropped to 78.2 months in October 2024, down from a ...
Caribbean Islands Enjoying a New Era of Luxury Property …
Nov 8, 2024 · According to global property consultant Knight Frank, the Caribbean has become a hot destination for property buyers during the pandemic, drawn by its scenic beauty and favorable tax structures. This influx has spurred a wave of high-end development, elevating the standard of luxury on the islands.
2025 Prediction: U.S. Commercial Investment Recovery Expected …
Dec 13, 2024 · The U.S. economy is poised for above-average growth in 2025, fueled by robust consumer spending. However, persistent inflation could result in prolonged higher interest rates, according to CBRE's 2025 U.S. Real Estate Market Outlook.
World Property Exchange Announces Development Plan
Dec 5, 2024 · WPE real estate token exchange designed to create personal wealth for the masses. Miami, Florida-based World Property Exchange (WPE), an emerging digital real estate token exchange, has announced plans to commence initial development of its automated exchange in Q1 of 2025. This platform, once launched, will enable the issuance and trading of high-quality and vetted real estate ownership ...
November 2024 Real Estate News | WORLD PROPERTY JOURNAL
Nov 15, 2024 · 80 Million Americans to Hit the Road, Skies and Seas for 2024 Thanksgiving Holiday. Posted on November 26, 2024
United States Real Estate News | WORLD PROPERTY JOURNAL
U.S. Residential Asking Rents End 2024 at Lowest Levels in 3 Years. According to Redfin, the median U.S. asking rent fell 0.3% year-over-year in December 2024, reaching $1,594--the lowest figure since March 2022.
The Difference Between Sold and Closed - The World Property …
Aug 21, 2015 · Q & A with Dottie Herman Question: What is the difference between "sold" and "closed"? ANSWER: Real Estate is not considered to be "Sold" until the actual transfer of the property has taken place and consideration has been paid.
Kenya Real Estate News | WORLD PROPERTY JOURNAL
Global Commercial Investment Hits $282 Billion in Early 2022. According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022.