The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.
The annual rate of home price growth (worldwide) increased between Q2 and Q3 2020, from 4.1% to 4.7%, and 18 international cities saw prices rise by more than 10% year-on year, up from 16 in Q2 2020.
A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity.
According to CBRE's latest U.S. Multifamily Inbound Investment Report for the second half of 2019, Orlando was the highest growth market for global multifamily investment capital, with an annual gain of 231%.
Posted on March 11, 2020
Posted on December 06, 2019