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Realestateworld is back. Read about this on eac. The UK has reconfigured a number of commercial property to save lives, and has demonstrated it is possible to swiftly create new temporary uses for real estate. With COVID expected to persist through or beyond, real estate across all market segments in Singapore have weakened in response to the economic fallout.
Hong Kong's unemployment rate has increased progressively to a nine-year high amid the COVID pandemic and social tension. The rising unemployment rate in the city is putting pressure on local housing prices. Chinese property investment in the UAE has slowed in the third quarter of According to the latest Dubai House Price Index, the average annual home price in Dubai decreased by According to STR, hotels in the Middle East reported negative April performance results, while hotels in Africa posted growth across the three key performance metrics.
The Abu Dhabi property market heavily favored renters and buyers in Q1 of , with market data showing price decreases in all areas. According to STR, hotels across the Middle East reported mixed Q1 performance results, while hotels in Africa posted growth across the three key performance metrics.
Mortgage Applications in U. Coronavirus Lockdown Severely Felt by California's Housing Market Based on recent data from the California Association of Realtors, California home sales dropped sharply in April from both the previous month and year as the housing market began to feel the full impact of the coronavirus outbreak and the state's stay-at-home order.
Rental Home Price Growth in U. Slowed to 5-Year Low From Coronavirus Home rental prices slowed more than they had in at least five years when the coronavirus pandemic hit.
Stay Connected. Uptick in Late May. Slowed to 5-Year Low From Coronavirus. During April Were New Construction. Full Recovery of U. The World's Housing Market Appreciated 3. Dubai Home Prices Continue to Implode in Dubai Home Prices Tumble