Property. Mashreq. Economic Overview. Wealth Gauge.

Size: px
Start display at page:

Download "Property. Mashreq. Economic Overview. Wealth Gauge."

Transcription

1 Economic Overview United Arab Emirates has continued to benefit from surging confidence, safeheaven status, rising population and stable world class real estate market opportunities. The macroeconomic indicators look positive and the economic growth is expected to remain strong for The easing debt and improving financing conditions has further fuelled economic activity. Infrastructural spending on account of the forthcoming Expo 2020 has increased exponentially; this has led to healthy partnerships between government and private entities in various sectors. The economic recovery has been strong with excellent support from the non-oil sectors evidenced from increase in new order book, increase in industrial output leading to capacity expansions, better employment opportunities leading to an increase in spending power & improving industrial infrastructure which is cutting Volume 16 December 20 the total supply and delivery time of goods. The Inflation is also under check. For the month of October 20, the overall Consumer Price Index (CPI) has reached (against an index of 100 set for 2007). The overall CPI has increased by 0.1 as compared to previous month. The average increase in prices recorded was at 3.1 as compared to same time last year i.e. October 20. (Source: National Bureau of Statistics) 1

2 Real Estate Sector Highlights Overall the Real Estate property prices have stabilised across all major locations in UAE. The mindful measures introduced by competent authorities have successfully dampened speculation which has lead to healthy credit growth. These macro prudential measures have ensured steady and stable growth in the real estate sector. Strong economic fundamentals and positive market sentiments have encouraged master and private developers to continue launching new projects. Few developers like the AL Wasl group who is primarily into the business of leasing have launched a project which is self funded, completed and ready to move in for investors from day one of the launch. This approach has been a strategic shift from the traditional approach where investor funds were used to construct an off plan project launch. Similarly other developers are now eyeing the budget segment homes or the mid range homes where there is an imminent need and strong demand to create good quality affordable homes. Developers have realised that such affordable home projects are low on construction & maintenance costs and easy to manage over the lifespan of the project and where demand is prone to any recessionary trends. Dubai s position as a first choice city for global companies in Middle East remains intact. With limited supply in good quality office space and a strong demand will lead to an imbalance in the short run. 2

3 Mashreq Wealth Gauge At Mashreq we have been tracking the property prices by indexing them community wise on a scale of 100. Basis the Mashreq Price Indexing, the percentage over a period of time has been indicated both for Villas & Apartments for major communities. Mashreq Price Index in Last 3 Months in Last YTD Location Arabian Ranches Burj Khalifa Tower Burj Dubai Downtown Business Bay DIFC Dubai Land Dubai Marina Greens Dec- Jan- Feb- Mar- Apr- May International City Jumeirah Beach Residences Jumeirah Lake Towers Jumeirah Islands Jumeirah Park Jumeirah Village Old Town Burj Dubai Palm Jumeirah Springs/ Meadows Jun- Jul- Aug- Sep- Oct- from Oct - 20 from from Jan Per Sq. Ft (Aed)

4 Mashreq Wealth Gauge (Contd.) Apartments & Villas: The property prices for the month of November have marginally increased across ten major locations and have dipped marginally across 8 locations as compared to the previous months. Overall its been a marginal increase in property prices by 0. across board. The percentage s in property prices over the last few months indicate a stabilizing trend. Over a period of last 12 months (since Nov ) prominent Villa Community such as Jumeirah Village have witnessed an increase of 4.3 in property prices. Over a period of last 12 months (since Nov ) apartments such as International City have witnessed a increase of 17.4 in property prices followed by DIFC which has witnessed a increase of 15. Price Watch Villa Price Trend Mashreq Price Index as of End Nov 20 in Last 3 Months in Last YTD Location Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- from Oct - 20 from from Jan- Arabian Ranches Jumeirah Islands Jumeirah Park Jumeirah Village Springs/ Meadows

5 Apartment Price Trend Mashreq Price Index as of End Nov 20 Location Burj Khalifa Tower Dec- Jan- Feb- Mar- Apr May- Jun- Jul- Aug- Sep- Oct- from Oct - 20 in Last 3 Months in Last from YTD from Jan Burj Dubai Downtown Dubai Marina Jumeirah Beach Residences Jumeirah Lake Towers Outlook The strategic shift to launch self funded, completed and ready to move in properties is expected to catch momentum. The demand for budget segment homes or the mid range homes is expected to remain strong in the short term. The imbalance in demand and supply for good quality commercial space will continue in the short run. The overall outlook for the Real Estate Sector is positive in the long run. Disclaimer: Please note that this communication constitutes information of general market information and based on studies and research, it should not be solely relied on without an opinion from you investment advisor. Mashreqbank psc shall not be liable for a liability arising out of any financial advice provided in connection with this communication. 5

Property. Mashreq. Economic Overview. Wealth Gauge.

Property. Mashreq. Economic Overview. Wealth Gauge. Economic Overview The UAE economy has registered a growth of 5.2 in 2013. In spite of the dip in Oil prices globally the economy is expected to have registered a GDP growth between 4.7-4.8 in 2014. The

More information

Property. Mashreq. Economic Overview. Wealth Gauge. Exceptional. Individual.

Property. Mashreq. Economic Overview. Wealth Gauge. Exceptional. Individual. Exceptional. Individual. Volume 14 October Economic Overview United Arab Emirates has continued to benefit its safe-heaven status. The economic recovery has been strong which is well supported by tourism,

More information

Property. Mashreq. Economic Overview. Wealth Gauge

Property. Mashreq. Economic Overview. Wealth Gauge Wealth Gauge Volume 23 November 2015 Economic Overview In spite of the dip in Global Oil prices the GDP for 2015 grew at 3.5. The UAE economic growth is expected to slow down and grow at 2.9 in 2016 driven

More information

Property. Mashreq. Economic Overview. Wealth Gauge.

Property. Mashreq. Economic Overview. Wealth Gauge. FOR THE PRIVILEGED FEW Mashreq Volume 12 August 20 Economic Overview As per National Bureau of Statistics, the economic growth in UAE for 20 stands at 5.2 which was well supported by Trade & Tourism, Hospitality

More information

DUBAI HOUSING MARKET STUDY 2017

DUBAI HOUSING MARKET STUDY 2017 DUBAI HOUSING MARKET STUDY 217 Executive Summary Dubai residential market has been a story of increased supply and unsold stock resulting in declining prices over the last three years. Soft price corrections

More information

Dubai Market Overview - Q3 2017

Dubai Market Overview - Q3 2017 Dubai Market Overview - Q3 2017 Sales prices have been relatively steady over the first 9 months of 2017, with average sale prices of apartments remaining stable while villa prices fell by 3%. This is

More information

Dubai House Price Index First Quarter 2016

Dubai House Price Index First Quarter 2016 Dubai House Price Index First Quarter 2016 Index Points Index Points Executive Summary Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER The overall quarterly index registered no major change in Q1

More information

Dubai Real Estate Report Q3 2017

Dubai Real Estate Report Q3 2017 Property Review Dubai Real Estate Report Q3 2017 In the Middle East for over 30 Years 2 Property map 3 Sales Rentals 4 Sales Rentals 5 Offices Sales Rentals Dubai Property Map 17 3 To Abu Dhabi 6 27 3

More information

Dubai Residential Market Report Q42015

Dubai Residential Market Report Q42015 Dubai Residential Market Report Q42015 Dubai Residential Market Report Q4 2015 Content Price performance Rent performance Residential supply Cavendish Maxwell Residential Market Survey Q4 2015 Sale price

More information

Dubai Real Estate Market Review: FOURTH Quarter 2015

Dubai Real Estate Market Review: FOURTH Quarter 2015 Dubai Real Estate Market Review: FOURTH Quarter 2015 www.valustrat.com ValuStrat in the Media 19 December 2015 16 December 2015 16 November 2015 16 November 2015 No drop in average Dubai property prices

More information

UNITAS CONSULTANCY. Dubai: Yield Fallacy Q A GLOBAL CAPITAL PARTNERS GROUP COMPANY

UNITAS CONSULTANCY. Dubai: Yield Fallacy Q A GLOBAL CAPITAL PARTNERS GROUP COMPANY UNITAS CONSULTANCY A GLOBAL CAPITAL PARTNERS GROUP COMPANY Q3 2017 Dubai: Yield Fallacy This document is provided by Unitas Consultancy solely for the use by its clients. No part of it may be circulated,

More information

Dubai Real Estate Report Q2 2017

Dubai Real Estate Report Q2 2017 Property Review Dubai Real Estate Report Q2 2017 In the Middle East for over 30 Years 2 Property map 3 Rent Sales 4 Rent Sales 5 Offices Rent Sales Dubai Property Map 16 3 To Abu Dhabi 6 3 46 26 19 Most

More information

California Housing Market Update. Monthly Sales and Price Statistics May 2018

California Housing Market Update. Monthly Sales and Price Statistics May 2018 California Housing Market Update Monthly Sales and Price Statistics May 2018 Sales Lost Momentum as Mortgage Rates Continued to Climb California, May 2018 Sales: 409,270 Units, +0.3% YTD, -4.6% YTY 700,000

More information

Report Highlights. Residential Market Q Snapshot -3% +21% -2% +5% +10% Valuations Mortgage and Secured Lending Portfolio Valuations

Report Highlights. Residential Market Q Snapshot -3% +21% -2% +5% +10% Valuations Mortgage and Secured Lending Portfolio Valuations OBSERVER Dubai Market Report Q2 / 2018 Services Report Highlights Valuations Mortgage and Secured Lending Portfolio Valuations Affordability is one of the key real estate trends being realised in 2018

More information

Report Highlights. Residential Market Q Snapshot. Valuations Mortgage and Secured Lending Portfolio Valuations

Report Highlights. Residential Market Q Snapshot. Valuations Mortgage and Secured Lending Portfolio Valuations OBSERVER Dubai Market Report Q3 / 218 Services Valuations Mortgage and Secured Lending Portfolio Valuations Advisory and Research Financial Feasibilities Highest and Best Use Studies Market Research Conceptual

More information

Executive Summary. Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER Q / Q4 2015

Executive Summary. Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER Q / Q4 2015 Dubai House Price Index Fourth Quarter 2015 Index Points Index Points Executive Summary Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER The overall quarterly index registered a 3% decrease in Q4 2015,

More information

Inner Perth Residential Market Report

Inner Perth Residential Market Report Inner Perth Residential Market Report MARCH QUARTER 2014 Inner Perth Residential Market Market Highlights While Western Australia will experience slowed short term growth as the state transitions from

More information

Q OBSERVER

Q OBSERVER C H E S T E R T O N S M E N A Q 4 2 0 1 7 OBSERVER Q4 2017 R E P O R T 1 Report Highlights Chestertons MENA Services Valuations Mortgage and Secured Lending Portfolio Valuations Plant and Machinery Appraisals

More information

California Housing Market Update. Monthly Sales and Price Statistics October 2018

California Housing Market Update. Monthly Sales and Price Statistics October 2018 California Housing Market Update Monthly Sales and Price Statistics October 2018 Sales Had the 2 nd Largest Drop in the Last 6 Months California, October 2018 Sales: 397,060 Units, -3.7% YTD, -7.9% YTY

More information

California Housing Market Update. Monthly Sales and Price Statistics September 2018

California Housing Market Update. Monthly Sales and Price Statistics September 2018 California Housing Market Update Monthly Sales and Price Statistics September 2018 Sales Had the Largest Decline since March 2014 California, September 2018 Sales: 382,550 Units, -3.3% YTD, -12.4% YTY

More information

California Housing Market Update. Monthly Sales and Price Statistics August 2018

California Housing Market Update. Monthly Sales and Price Statistics August 2018 California Housing Market Update Monthly Sales and Price Statistics August 2018 Sales Declined for the 4 th Consecutive Month California, August 2018 Sales: 399,600 Units, -2.1% YTD, -6.6% YTY 700,000

More information

California Housing Market Update. Monthly Sales and Price Statistics December 2018

California Housing Market Update. Monthly Sales and Price Statistics December 2018 California Housing Market Update Monthly Sales and Price Statistics December 2018 Sales Reached the Lowest Level since Jan 2015 California, December 2018 Sales: 372,260 Units, -5.2% YTD, -11.6% YTY 700,000

More information

ECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction

ECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction ECONOMIC CURRENTS THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction Economic Currents provides an overview of the South Florida regional economy. The report contains current employment, economic and real

More information

Monthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales.

Monthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales. Monthly Indicators 2018 The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year

More information

HOW TO BUY IN UNITED ARAB EMIRATES

HOW TO BUY IN UNITED ARAB EMIRATES HOW TO BUY IN UNITED ARAB EMIRATES JUNE. 2017 PROPERTY FOR SALE IN DUBAI Dubai s property market has undergone major structural changes since the early 2000s, making it increasingly easy for expatriates

More information

Qatar Real Estate Market Overview. Cityscape, March 2017

Qatar Real Estate Market Overview. Cityscape, March 2017 Qatar Real Estate Market Overview Cityscape, March 217 Qatar Real Estate Market Overview Introduction Overview The fall in oil prices, which started in 214, started to have an impact the real estate market

More information

California Housing Market Update. Monthly Sales and Price Statistics November 2018

California Housing Market Update. Monthly Sales and Price Statistics November 2018 California Housing Market Update Monthly Sales and Price Statistics November 2018 Home Sales: Largest Decline Since 2014 California, November 2018 Sales: 381,400 Units, -4.6% YTD, -13.4% YTY 700,000 600,000

More information

Released: June Commentary 2. The Numbers That Drive Real Estate 3. Recent Government Action 9. Topics for Home Buyers, Sellers, and Owners 11

Released: June Commentary 2. The Numbers That Drive Real Estate 3. Recent Government Action 9. Topics for Home Buyers, Sellers, and Owners 11 Released: June 2011 Commentary 2 The Numbers That Drive Real Estate 3 Recent Government Action 9 Topics for Home Buyers, Sellers, and Owners 11 Brought to you by: KW Research Commentary The U.S. housing

More information

Released: April 8, 2011

Released: April 8, 2011 Released: April 8, 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The housing market continues on a relatively stable and balanced track.

More information

MARKET STRATEGY VIEWPOINT U.S. Housing Decelerating

MARKET STRATEGY VIEWPOINT U.S. Housing Decelerating Jan-01 Oct-01 Jul-02 Apr-03 Jan-0 Oct-0 Jul-05 Apr-0 Jan-07 Oct-07 Jul-08 Apr-09 Jan-10 Oct-10 Jul-11 Apr-12 Jan-13 Oct-13 Jul-1 Apr-15 Jan-1 Oct-1 Jul-17 Apr-18 U.S. Housing Decelerating August 27, 2018

More information

DUBAI RESIDENTIAL MARKET UPDATE. Core Savills Research Q3 2017

DUBAI RESIDENTIAL MARKET UPDATE. Core Savills Research Q3 2017 DUBAI RESIDENTIAL MARKET UPDATE Core Savills Research Market performance Supply dynamics Off-plan offer and demand CONTENTS Foreword Sales Market Performance Spotlight-Transaction Activity Spotlight-Cityscape

More information

Dubai Real Estate Report Q4 2017

Dubai Real Estate Report Q4 2017 Historic Review and Outlook Dubai Real Estate Report Q4 2017 2 Property map 3 Historic Review 4 Highlights and Outlook In the Middle East for over 30 Years Apartment 5 6 Rentals Villa and Office Rentals

More information

26 February 2013 FIRST HALF RESULTS PRESENTATION

26 February 2013 FIRST HALF RESULTS PRESENTATION 26 February 2013 FIRST HALF RESULTS PRESENTATION Investment highlights Proven track record of consistent earnings growth and meeting targets Strategically located and diverse residential portfolio Urban

More information

SFR Condo Residential Lot Sales Inventory Sales Inventory Sales Inventory. Month YTD Month Month YTD Month Month YTD Month

SFR Condo Residential Lot Sales Inventory Sales Inventory Sales Inventory. Month YTD Month Month YTD Month Month YTD Month Grand Strand Market Report 2017 capped off a great year for the Grand Strand as full year SFR sales volume and median sales price were up 9.8% and 4.3%, respectively. Condo sales activity increased 3.0%

More information

REIDIN.com The United Arab Emirates Residential Property Price Indices: April 2011 Results. Issue: 16 15/05/2011

REIDIN.com The United Arab Emirates Residential Property Price Indices: April 2011 Results. Issue: 16 15/05/2011 REIDIN.com The United Arab Emirates Residential Property Price Indices: April 2011 Results Issue: 16 15/05/2011 Content Page Dubai Residential Property Price Indices: Sales Price Indices 3-7 Dubai Residential

More information

Monthly Indicators + 4.8% - 3.5% %

Monthly Indicators + 4.8% - 3.5% % Monthly Indicators 2015 New Listings were up 45.0 percent for single family/duplex homes but decreased 44.1 percent for townhouse-condo properties. Pending Sales increased 14.3 percent for single family/duplex

More information

Released: October 2011

Released: October 2011 Released: October 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The national housing market remains firmly planted in balanced territory.

More information

NATIONAL ASSOCIATION of REALTORS RESEARCH DIVISION. Prepared for Florida REALTORS

NATIONAL ASSOCIATION of REALTORS RESEARCH DIVISION. Prepared for Florida REALTORS NATIONAL ASSOCIATION of REALTORS RESEARCH DIVISION Prepared for Florida REALTORS NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION Page 1 Page 3 Page 4 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page

More information

Housing Price Forecasts. Illinois and Chicago PMSA, October 2014

Housing Price Forecasts. Illinois and Chicago PMSA, October 2014 Housing Price Forecasts Illinois and Chicago PMSA, October 2014 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public

More information

Economic and Housing Market Outlook ( ) October 31, Contra Costa AOR

Economic and Housing Market Outlook ( ) October 31, Contra Costa AOR Economic and Housing Market Outlook (2012 2013) Contra Costa AOR October 31, 2012 Oscar Wei Senior Research Analyst California Association of REALTORS Overview US and California Economies California Housing

More information

Monthly Indicators % % - 9.2%

Monthly Indicators % % - 9.2% Monthly Indicators 2016 New Listings were down 1.4 percent for single family/duplex homes and 25.0 percent for townhouse-condo properties. Pending Sales increased 58.3 percent for single family/duplex

More information

Annual Report on the Coastal Carolinas Housing Market RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS

Annual Report on the Coastal Carolinas Housing Market RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS Annual Report on the Coastal Carolinas Housing Market RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS There is an ongoing and undeniable

More information

Dubai Real Estate Seller Guide

Dubai Real Estate Seller Guide Dubai Real Estate Seller Guide Use our Seller s Guide to give you the knowledge on the steps that need to be taken in order for you to ensure that your property is marketed effectively and is ultimately

More information

New Zealand Property Market Report

New Zealand Property Market Report New Zealand Property Market Report August 20 Introduction What is the purpose of this report? This report is aimed at equipping you with the best and most up to date information to make sure you make the

More information

Released: September 2011

Released: September 2011 Released: September 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The national housing market remains firmly planted in balanced territory.

More information

Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market

Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market Provided by Susan Kraemer of Prudential Arizona Properties Report overview: This report

More information

Dubai Real Estate Market Overview Q Dubai

Dubai Real Estate Market Overview Q Dubai Dubai Real Estate Market Overview Q2 2011 Dubai Market Highlights Q2 2011 The investment market continues to polarize, with most interest coming from private rather than institutional investors. Jones

More information

Monthly Indicators % % %

Monthly Indicators % % % Monthly Indicators 2018 Percent changes calculated using year-over-year comparisons. New Listings were down 12.9 percent for single family homes and 21.3 percent for townhouse-condo properties. Pending

More information

PRESENTATION RESULTS Q Aldar Q Results

PRESENTATION RESULTS Q Aldar Q Results Q1 2018 RESULTS PRESENTATION DISCLAIMER This disclaimer governs the use of this presentation. You must not rely on the information in the presentations and alternatively we recommend you to seek advice

More information

Monthly Indicators % % - 3.5%

Monthly Indicators % % - 3.5% Monthly Indicators 2017 New Listings were up 6.3 percent for the category but decreased 33.1 percent for the category. Pending Sales increased 5.0 percent for but decreased 1.3 percent for. The Median

More information

2018 Abu Dhabi Real Estate Market

2018 Abu Dhabi Real Estate Market st QUARTER REVIEW 2018 Abu Dhabi Real Estate Market www.valustrat.com Real Estate Performance VPI Market Intelligence. Simplified. ValuStrat Price Index ValuStrat Price Index Residential -7.5% Key Indicators

More information

England Occupancy Survey May 2017 SUMMARY OF RESULTS

England Occupancy Survey May 2017 SUMMARY OF RESULTS England Occupancy Survey 2017 SUMMARY OF RESULTS Room occupancy in 2017 increased +1% to 73%. Bedspace occupancy also increased +1% to 54%. Weekday room occupancy remained stable at 72% whilst weekend

More information

Dubai Real Estate Market Overview Q Dubai

Dubai Real Estate Market Overview Q Dubai Dubai Real Estate Market Overview Q4 2011 Dubai Market Highlights Q4 2011 The Arab Spring has continued to have a positive impact on the hotel, retail and residential sectors of the Dubai market, reinforcing

More information

2017 RESIDENTIAL REAL ESTATE MARKET REPORT

2017 RESIDENTIAL REAL ESTATE MARKET REPORT 2017 RESIDENTIAL REAL ESTATE MARKET REPORT Published January 26, 2018 Our market reports have been focused on the effects of low inventory on our housing market and for good reason. December 2017 marked

More information

Jumeirah Lake Towers Market Report Q4 2018

Jumeirah Lake Towers Market Report Q4 2018 Jumeirah Lake Towers Market Report Q4 2018 Publication This document was produced in 2018. The data used in the tables and charts is the latest available at the time of publishing. Data sources are included

More information

Housing Price Forecasts. Illinois and Chicago PMSA, April 2013

Housing Price Forecasts. Illinois and Chicago PMSA, April 2013 Housing Price Forecasts Illinois and Chicago PMSA, April 2013 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs

More information

MLS of Greater Cincinnati - Charts for the Month: November 2017

MLS of Greater Cincinnati - Charts for the Month: November 2017 MLS of Greater Cincinnati - Charts for the Month: November 2017 The following charts provide an overview of what has occurred in the MLS over the past month. Each chart provides a historical trend. The

More information

MONTHLY STATISTICS PACKAGE

MONTHLY STATISTICS PACKAGE MONTHLY STATISTICS PACKAGE FEBRUARY 2019 FOR IMMEDIATE RELEASE March 1, 2019 Guideline B-20 Continues to Dampen Housing Sales NANAIMO, BC Sales of single-family homes in February board-wide dipped by 28

More information

Housing Bulletin Monthly Report

Housing Bulletin Monthly Report February 211 1 Housing Bulletin Monthly Report Alberta s preliminary housing starts declined in January 211 Canada Housing Starts 25, 2, 15, 1, 5, DEC 8 JAN 9 Preliminary Housing Starts in Alberta* and

More information

Houston Summer Retail. Office. July 2016 Commercial Markets. Independent Valuations for a Variable World Page 1. Summary Q1 Statistics

Houston Summer Retail. Office. July 2016 Commercial Markets. Independent Valuations for a Variable World Page 1. Summary Q1 Statistics July 2016 Commercial Markets In This Issue Commercial Markets Retail Office Industrial Multifamily Housing Trends Single Family Housing Lot Supply & New Home Data % 10% 8% 6% 4% 2% 0% Retail 2007 Q1 2008

More information

San Francisco Bay Area to Santa Clara & San Benito Counties Housing and Economic Outlook

San Francisco Bay Area to Santa Clara & San Benito Counties Housing and Economic Outlook San Francisco Bay Area to 019 Santa Clara & San Benito Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate

More information

Prime real estate in a location proven to deliver strong capital growth and high rental premiums.

Prime real estate in a location proven to deliver strong capital growth and high rental premiums. Prime real estate in a location proven to deliver strong capital growth and high rental premiums. Spectacular views of the world s tallest tower. Just seconds from the Dubai Water Canal, anticipated to

More information

DETACHED MULTI-UNIT APPROVALS

DETACHED MULTI-UNIT APPROVALS HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes September 214 MULTI-UNIT SALES REACH New Cyclical Peak The HIA New Home Sales Report

More information

White Paper Demand for Affordable Housing in Dubai Dubai October Addressing The Housing Gap Measuring Affordability Levels in Dubai

White Paper Demand for Affordable Housing in Dubai Dubai October Addressing The Housing Gap Measuring Affordability Levels in Dubai White Paper Demand for Affordable Housing in Dubai Dubai October 2014 Addressing The Housing Gap Measuring Affordability Levels in Dubai Ian Albert Regional Director Middle East Colliers International

More information

LUXURY MARKET REPORT. - May

LUXURY MARKET REPORT. - May LUXURY MARKET REPORT - May 2018 - www.luxuryhomeing.com THIS IS YOUR LUXURY MARKET REPORT MAP OF LUXURY RESIDENTIAL MARKETS Welcome to the Luxury Report, your guide to luxury real estate market data and

More information

2019 Housing Market Forecast. Palos Verdes Peninsula AOR January 8, 2019 Jordan G. Levine Senior Economist

2019 Housing Market Forecast. Palos Verdes Peninsula AOR January 8, 2019 Jordan G. Levine Senior Economist 2019 Housing Market Forecast Palos Verdes Peninsula AOR January 8, 2019 Jordan G. Levine Senior Economist Overview Good News: Economic fundamentals solid Homeownership still the dream Rates might not go

More information

Monthly Market Watch for the Prescott Quad City Area. Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS

Monthly Market Watch for the Prescott Quad City Area. Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS August 2012 Monthly Market Watch for the Prescott Quad City Area Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS Report Overview: This report includes MLS data for the

More information

Changing Economic Times. Market Pulse. Dr. Gary Jackson Director, Regional Economic Research Institute Florida Gulf Coast University April 8, 2008

Changing Economic Times. Market Pulse. Dr. Gary Jackson Director, Regional Economic Research Institute Florida Gulf Coast University April 8, 2008 Changing Economic Times Presented to: Market Pulse Bonita Springs Area Chamber of Commerce Bonita Springs-Estero Association of REALTORS, Inc. Dr. Gary Jackson Director, Regional Economic Research Institute

More information

Experience. Epitome ofluxury Living

Experience. Epitome ofluxury Living Experience the Epitome ofluxury Living Traditionally, a luxury denotes something that is enjoyed by certain people and not by others. It speaks of the privilege and exclusivity enjoyed by an elite and

More information

-0.9% -8.8% Quarterly change in capital values during Q PROPERTY MARKET OUTLOOK. Dubai, Spring 2017 RESIDENTIAL MARKET. cluttons.

-0.9% -8.8% Quarterly change in capital values during Q PROPERTY MARKET OUTLOOK. Dubai, Spring 2017 RESIDENTIAL MARKET. cluttons. cluttons.com Dubai, Spring 217 PROPERTY MARKET OUTLOOK RESIDENTIAL MARKET Weakest capital value growth in five years saw values across Dubai s freehold residential areas slide by 8.8%, in line with our

More information

Housing Price Forecasts. Illinois and Chicago PMSA, December 2015

Housing Price Forecasts. Illinois and Chicago PMSA, December 2015 Housing Price Forecasts Illinois and Chicago PMSA, December 2015 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public

More information

Market Insights & Strategy Global Markets

Market Insights & Strategy Global Markets Market Insights & Strategy Global Markets UAE Real Estate Review 2016 Q2 Please find below a quick snapshot of the key topics covered in this note: Pricing trends - Sales In June 2016, monthly average

More information

Monthly Indicators % % %

Monthly Indicators % % % Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were down 27.6 percent for single family homes and 41.8 percent for townhouse-condo properties. Pending

More information

Monthly Indicators % + 9.7% %

Monthly Indicators % + 9.7% % Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were up 11.1 percent for single family homes and down 30.8 percent for townhouse-condo properties. Pending

More information

Bureau of Business Research Webinar Series October 2016

Bureau of Business Research Webinar Series October 2016 Bureau of Business Research Webinar Series October 2016 Presented by Eric Thompson W.W. Marshall Associate Professor of Economics Director, Bureau of Business Research Outline Importance of Affordable

More information

Released: November 2011

Released: November 2011 Released: November 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The national housing market remains firmly balanced. Year-to-date sales

More information

San Francisco Bay Area to Napa County Housing and Economic Outlook

San Francisco Bay Area to Napa County Housing and Economic Outlook San Francisco Bay Area to 019 Napa County Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting, LLC On Nov.

More information

Commentary 2. Released: May The Numbers That Drive Real Estate 3. Special Report 9. Brought to you by: KW Research

Commentary 2. Released: May The Numbers That Drive Real Estate 3. Special Report 9. Brought to you by: KW Research Released: May 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary Despite lingering effects from regulatory changes in the mortgage markets,

More information

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone:

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: 727-216-32 Email: dbennett@tampabayrealtor.com Real Estate Statistics for December 217 wrapped up a sizzling 217 with a steady month

More information

UDIA WA PROPERTY MARKET STATISTICS

UDIA WA PROPERTY MARKET STATISTICS UDIA WA PROPERTY MARKET STATISTICS OCTOBER 217 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE 3 4 ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL

More information

Rightmove House Price Index

Rightmove House Price Index Rightmove House Price Index The largest monthly sample of residential property prices January 2018 National edition Busy start to 2018 with increased home-hunter activity Early traffic data indicates a

More information

Housing Bulletin Monthly Report

Housing Bulletin Monthly Report October 21 1 Housing Bulletin Monthly Report Housing Starts show Slight improvement in September CANADA Housing Starts 2, 15, 1, 5, Sep 8 Oct 8 Nov 8 Dec 8 Preliminary Housing Starts in Alberta and Canada

More information

1 June FNB House Price Index - Real and Nominal Growth MAY FNB HOUSE PRICE INDEX FINDINGS

1 June FNB House Price Index - Real and Nominal Growth MAY FNB HOUSE PRICE INDEX FINDINGS 1 June 2016 MARKET ANALYTICS AND SCENARIO FORECASTING UNIT JOHN LOOS: HOUSEHOLD AND PROPERTY SECTOR STRATEGIST 087-328 0151 john.loos@fnb.co.za THEO SWANEPOEL: PROPERTY MARKET ANALYST 087-328 0157 tswanepoel@fnb.co.za

More information

PROPERTY INSIGHTS Q1 Snapshot

PROPERTY INSIGHTS Q1 Snapshot PROPERTY INSIGHTS Singapore Quarter 1, 2018 2018 Q1 Snapshot Residential market on the upturn Prices of private residential properties rose significantly in. How do the other market segments fare? Singapore

More information

Arbitration and Dispute Resolution

Arbitration and Dispute Resolution and Dispute Resolution Page 1 of 7 Why Attend Effective dispute resolution helps minimize the costs and adverse effects to relationships that often arise from the commercial disputes. If informal negotiation

More information

Released: June 7, 2010

Released: June 7, 2010 Released: June 7, 2010 Commentary 2 The Numbers That Drive Real Estate 3 Recent Government Action 9 Topics for Home Buyers, Sellers, and Owners 11 Brought to you by: KW Research Commentary The housing

More information

CHINA AND HONG KONG RESIDENTIAL MARKETS. by Knight Frank and Holdways 10 December 2014

CHINA AND HONG KONG RESIDENTIAL MARKETS. by Knight Frank and Holdways 10 December 2014 CHINA AND HONG KONG RESIDENTIAL MARKETS by Knight Frank and Holdways 10 December 2014 CHINA S ECONOMY, POLICIES AND IMPACT ON DEVELOPERS Presented by Helen Liu General Manager, Beijing Holdways Information

More information

MONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov.

MONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov. November 17 17 Home improvement November marks a rise in sales. City of Calgary, December 1, 17 The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales

More information

657 S Belvoir South Euclid, OH Mark Khuri

657 S Belvoir South Euclid, OH Mark Khuri 657 S Belvoir South Euclid, OH 44121 Overview Property Type: Multi-Family Size: 6,612 sq ft Sale Price: $499,000 # of Units: 8 Year Built: 1972 # of Stories: 2 Construction: Brick Parking Type: Covered

More information

Housing Market Cycles

Housing Market Cycles MEGA AGENT Market Update Gary Keller and Jay Papasan 2 The U.S. Housing Market Keller Williams Realty, Inc. Housing Market Cycles 4 The U.S. Housing Market Housing Market Cycles 5 The U.S. Housing Market

More information

THE OUTLOOK FOR HOUSING IN ILLINOIS

THE OUTLOOK FOR HOUSING IN ILLINOIS THE OUTLOOK FOR HOUSING IN ILLINOIS Jonathan Smoke Chief Economist January 25, 2017 NATIONAL TRENDS 2 2000.01 2000.05 2000.09 2001.01 2001.05 2001.09 2002.01 2002.05 2002.09 2003.01 2003.05 2003.09 2004.01

More information

The State of the U.S. & Washington CRE Market: 2008 Review/2009 Outlook

The State of the U.S. & Washington CRE Market: 2008 Review/2009 Outlook The State of the U.S. & Washington CRE Market: 2008 Review/2009 Outlook Copyright 2008 CoStar Group, Inc. All Rights Reserved. Although CoStar makes efforts to ensure the accuracy and reliability of the

More information

PROPINSIGHT A Detailed Property Analysis Report

PROPINSIGHT A Detailed Property Analysis Report PROPINSIGHT A Detailed Property Analysis Report 40,000+ Projects 10,000+ Builders 1,200+ Localities Report Created On - 7 Oct, 2015 Price Insight This section aims to show the detailed price of a project

More information

Housing Bulletin Monthly Report

Housing Bulletin Monthly Report February 21 1 Housing Bulletin Monthly Report Housing Starts 25, 2, 15, 1, 5, Alberta Housing Starts up 5 per cent from 29 From February 29 to 21, preliminary housing starts increased 82.7 per cent across

More information

Asking Price Index Released 12/02/16 February 2016

Asking Price Index Released 12/02/16 February 2016 EMBARGOED UNTIL 12/02/16 HOME.CO UK ASKING PRICE INDEX February 2016 Released: 12/02/2016 1 of 6 Asking Price Index Released 12/02/16 February 2016 England Prices Take a Spring Leap Headlines England prices

More information

HOUSTON REBOUNDED QUICKLY MULTI-HOUSING OFFICE INDUSTRIAL & RETAIL

HOUSTON REBOUNDED QUICKLY MULTI-HOUSING OFFICE INDUSTRIAL & RETAIL HFF s Houston office assembled the following carefullyanalyzed data to most accurately depict the damage caused by Tropical Storm Harvey to Houston. Harvey was the worst rain event in U.S. history Over

More information

JK PROPERTIES DUBAI S BIGGEST EUROPEAN REAL ESTATE COMPANY

JK PROPERTIES DUBAI S BIGGEST EUROPEAN REAL ESTATE COMPANY JK PROPERTIES DUBAI S BIGGEST EUROPEAN REAL ESTATE COMPANY 30/1/2014 LOCATIONS Arabian Ranches The Meadows Sports City Palm Jumeirah Dubai Marina Downtown Dubai Green Community Jumeirah Beach Residences

More information

SE Michigan Residential Real Estate Recovery Are we there yet or is it over?

SE Michigan Residential Real Estate Recovery Are we there yet or is it over? SE Michigan Residential Real Estate Recovery Are we there yet or is it over? Changing View of Residential Transactions Changing View of Residential Transactions 2015 Short Sales 3% Leases Bank 11% Owned

More information

REAL ESTATE MARKET REVIEW

REAL ESTATE MARKET REVIEW MULTIFAMILY 2014 HAMPTON ROADS REAL ESTATE MARKET REVIEW Author Charles Dalton Data Analysis Real Data Financial Support The E.V. Williams Center for Real Estate and Economic Development (CREED) functions

More information

Annual Report on the Charleston Area Housing Market FOR RESIDENTIAL REAL ESTATE ACTIVITY FROM THE CHARLESTON TRIDENT ASSOCIATION OF REALTORS MLS

Annual Report on the Charleston Area Housing Market FOR RESIDENTIAL REAL ESTATE ACTIVITY FROM THE CHARLESTON TRIDENT ASSOCIATION OF REALTORS MLS Annual Report on the Charleston Area Housing Market FOR RESIDENTIAL REAL ESTATE ACTIVITY FROM THE CHARLESTON TRIDENT ASSOCIATION OF REALTORS MLS FOR RESIDENTIAL REAL ESTATE ACTIVITY FROM THE CHARLESTON

More information