Global property consultant Knight Frank is reporting this week that Singapore leads the Q4 2022 rankings, pushing New York off the top spot. Singapore s annual rental growth grew from 23% in Q3 to 28% in Q4 2022, with limited stock and strong demand driving prices higher.
Las Vegas Realtors are reporting that local home prices continue to decline in January 2023, with more homes available for sale and fewer being sold than one year earlier.
Commercial real estate investment in Asia Pacific in 2022 declined by 27% year-on-year as a tightening interest rate cycle and global macroeconomic uncertainties influenced decision-making.
According to ATTOM s newly released November 2022 U.S. Foreclosure Market Report, there were a total of 30,677 U.S. properties with foreclosure filings default notices, scheduled auctions or bank repossessions - up 57 percent from a year ago, but down 5 percent from the prior month.