Based on a new global home affordability study from British based building supplier Roofing Megastore, Saudi Arabia, with an average annual salary of just over $20,354.90, and a 100 square meter (sqm) home costing just $90,774.38, is the world's most affordable country to buy a home in 2021.
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.
2020 wasn't the best year for high-rise living, but here we are one year later in 2021 on the road back to "normal", ready to jump into an elevator and soar to new heights.
According to new research by international property consultant JLL, global commercial real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021.
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
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