According to real estate firm CRC, demand for commercial real estate in Dubai has skyrocketed in the first half of 2022, with an 89 percent increase in sales value and a 38 percent increase in units sold over the same period in 2021. In particular, CRC notes that “economic reforms such as 100% foreign ownership, ever-evolving visas initiatives, and the efficient management of the pandemic have been...
For the first time, Dubai entered the ‘Transparent’ category, emphasizing its position as the most transparent property market in the Middle East and North Africa area. The emirate rose three places in the rating, to 31st overall, and it is the only MENA property market in the ‘Transparent’ tier. Dubai’s improvements in the transparency ranking are being driven by new regulations governing...
In the last decade, foreigners have invested more in Turkish real estate than ever. According to Nordic Monitor, foreigners in Turkey increased sevenfold between 2010 and 2021 Turkey sells property to foreign investors. This strategy fights inflation and a sluggish economy. Citizenship property costed $250,000 in 2019. May’s minimum price of $400,000 was set to limit foreign demand for Turkish real...
Investment businesses are the top new buyers of U.S. houses, which might hurt normal households. According to the head of one of Canada’s major real estate businesses, huge investors buying single-family houses to rent them out is “in its infancy.” Advocates believe households can’t compete with billionaire money managers. As interest rates increase and property values fall in most of North...