World News
Amsterdam Hotels Enjoy Comeback Post Covid Travel Restrictions
Despite Covid-related travel restrictions in The Netherlands being lifted in March 2022, somewhat later than in other European cities, Amsterdam's hotel sector has made a strong recovery with year-to-May data indicating strong growth compared with the previous year, says hotel consultant HVS.
Asia Pacific Commercial Investment Dives 37 Percent in Q2
According to global property consultant JLL, tightening rate cycles and inflationary concerns led to a slowdown of direct real estate investment activity across the Asia Pacific region, which fell 37% year-on-year to $32.3 billion in Q2.
U.S. Home Buyers Continue to Flock to Climate Risky Areas
According to Redfin, U.S. homebuyers have paid a premium for high-fire-risk and high-flood-risk homes during and after the pandemic. This comes as more people have moved into than out of climate-risky areas in recent years, in part because they can often get more bang for their buck and gain better access to nature.
Market Uncertainty Causing Property Investors to Rethink Strategies in North America
According to LaSalle's 2022 Mid-Year Investment Strategy Annual, market direction and economic outlooks have shifted since the start of 2022, with elevated inflation, slowing economic growth, and higher interest rates impacting real estate markets across North America.
U.S. Mortgage Applications Uptick in Late July
According to the latest Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending July 29, 2022, U.S. mortgage applications increased 1.2 percent from one week earlier.
