Asia Pacific Residential Real Estate News
Asia Pacific Residential
Hong Kong Housing Market Benefits from Mainland China Policy Stimulus
Recent rate cuts and rising stock prices offer positive news for Hong Kong's property market. However, the weak economy and cautious pricing from developers persist.
Macau's Residential Sales Continue to Decline in 2024
Data from DSF indicate that the housing market transaction volume decreased by 12.7% year-over-year in the first half of the year, while 172 presale homes were recorded during the same period.
Global Home Price Growth Accelerates in 2024
Based on new data from Knight Frank, global housing markets continued to see stronger growth in the first quarter of 2024, with annual growth across the 56 markets we cover reaching 3.6%.
Super Luxury Home Sales Worldwide Down 12 Percent Annually in Q1
According to new data from Knight Frank, there were 426 sales of properties valued at over $10 million in the first three months of 2024 across 11 tracked markets. This is an increase from the 365 sales in the previous quarter but represents a 11.6% annual decrease compared to the 482 sales in Q1 2023.
