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08.03.26 - 01:36
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China′s shoppers head for suburban outlets, a bright spot in retail property (SCMP)
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For Steven Zhou, a 40-year-old Beijing office worker, suburban outlet stores offer a better shopping experience than urban malls, allowing him to escape the city, park his car without frustration and, most importantly, find good deals.
“Outlets offer a wide selection of brands, with attractive discounts, especially on sportswear,” Zhou said.
Across the mainland, outlets are expanding while traditional and luxury malls face high vacancy rates. Offering well-known brands at discounted prices,......
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07.03.26 - 04:06
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As the world′s wealthy relocate, rewriting the property map, will Hong Kong win out? (SCMP)
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From Sydney to Hong Kong, wealth migration is reshaping the global super-luxury property market as activity picks up after two subdued years – though the dominance of relative newcomer Dubai is now being tested by the war in the Middle East.
In Sydney, Peter Li, general manager at Plus Agency, said commission revenues on super-luxury homes had risen about 20 per cent from a year earlier. The firm, which handles more than US$300 million in annual sales, has hired six new staff members since......
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06.03.26 - 15:54
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AI′s Hidden Housing Boom (Bloomberg)
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The massive boom in AI data centers faces a bottleneck: how do you persuade workers to move to some of the remotest locations in the US for weeks at a time? Enter the mobile housing companies trying to lure construction workers with trailers, steaks and golf.
(Source: Bloomberg)...
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06.03.26 - 09:36
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UK Halifax House Prices Rise Most In 4 Months (AFX)
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LONDON (dpa-AFX) - UK house prices increased at the fastest pace in four months in February, suggesting the property market gained momentum at the start of the year, data from the mortgage lender ......
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06.03.26 - 09:30
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′Geopolitical uncertainties′ amid Iran war could slow fall in mortgage rates, says Halifax (The Guardian)
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UK house price growth slowed in February as value of typical home rose 0.3% to £301,151Business live – latest updatesHalifax has warned that the US-Israel war on Iran could slow mortgage rate decreases this year, as it said that house price growth eased dramatically in February.Halifax, which is part of Lloyds – Britain's biggest mortgage lender – said the conflict in the Middle East is likely to affect global economies, stoke inflation and reduce the likely rate of interest rate cuts that influence borrowing costs for homebuyers. Continue reading......
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05.03.26 - 21:01
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Homeowners Stay Put, Stifling US Housing Market (Bloomberg)
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The typical homeowner has stayed in their home for 12 years as of December, almost double the median tenure of two decades ago, according to Redfin. On "Bloomberg Markets," Jim Egan, US housing strategist and co-head of securitized products strategy at Morgan Stanley, joins Katie Greifeld to discuss the US housing market. (Source: Bloomberg)...
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