Dominican Republic Real Estate News
Dominican Republic
Caribbean Housing Market Evolves into Global Second-Home Hotspot
The Caribbean, long celebrated for its turquoise waters and postcard-perfect beaches, is undergoing a quiet transformation--from a vacationer's paradise into one of the world's most in-demand second-home markets. A surge of affluent buyers seeking turnkey luxury, branded living, and eco-conscious design is reshaping the region's real estate landscape.
Latin America Home Prices Steadily Rising
According to Knight Frank's latest Global House Price Index for Q3, 2024, property prices are steadily rising across most Latin American nations in 2024, with Colombia and Mexico showing significant growth over the past year.
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%.
Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin
According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.
