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17.05.26 - 04:00
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Fresh concepts lift Hong Kong retail property as tourists and consumers return (SCMP)
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Hong Kong's retail property market is gradually building momentum as spending and confidence of consumers and tourists return, according to analysts.
Unlike the city's past peak rental levels, however, this time the tenant mix was more diversified, with retailers offering unique experiences and products that enhanced their appeal to shoppers, they said.
“We see structural shifts towards more experience-driven and diversified tenant mixes, rather than a full return to past peak rental levels,”......
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15.05.26 - 21:00
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Home Prices Register Biggest Annual Increase In More Than A Year: Report (ZeroHedge)
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Home Prices Register Biggest Annual Increase In More Than A Year: Report
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The median home sales price in the United States jumped 2.4 percent in April from a year ago, the largest increase since March 2025, real estate brokerage Redfin said in a May 12 statement.
A home for sale in Austin, Texas, on April 24, 2025. Brandon Bell/Getty Images
The company attributed the price increase to more buyers entering the housing market amid a stabilizing job market. In April, the United States added 115,000 jobs, well above the expected 62,000.
“The April jobs report showed stronger-than-expected hiring, reducing recession risk. This likely helped fuel a pop in housing demand. Pending home sales hit the highest level since February 2023 last month, rising 2 percent from the month before—the largest increase since March 2025,” Redfin said.
In addition to buyers coming off the sidelines, sellers are also doing the same, with active lis...
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