Munich has grown increasingly international and has a very high standard of living, along with the highest home prices of any large city in Germany, said Constantin Graf von Preysing, a managing director at Engel & Völkers München. During the past decade, Mr. Graf von Preysing said, “prices have almost gone up 80 percent to 100 percent.”
Canada's housing market continued to gain speed in February, led by the hot Toronto market, while consumer debt rose to a fresh record in the fourth quarter, according to separate reports on Wednesday reinforcing concern about household debt.
U.S. homebuilders are feeling more optimistic about their sales prospects than they have been since the high-flying days of the housing boom.
Real estate activity in the greater São Paulo area, Brazil's largest market, should rebound this year as interest rates fall and the government pushes through key economic reforms, a construction industry group said on Tuesday.
Norway is the happiest place on Earth, according to a United Nations agency report - toppling neighbour Denmark from the number one position.
The World Happiness Report measures "subjective well-being" - how happy the people are, and why.
China added a pledge to contain the country's fast-rising home prices to its annual work report on Thursday, as a red-hot property market resists cooling measures and purchase restrictions spread out from the biggest cities.
Apartment prices in Sweden rose 8 percent in February from a year earlier, figures from an association of Swedish real estate agents showed on Tuesday.
Prices of single-family homes rose 10 %, the Svensk Maklarstatistik association said in a statement.
A spending spree by the Chinese government helped the world’s second largest economy get off to a flyer early this year, although fears of a trade war with US President Donald Trump still linger.
While the year-on-year growth in housing prices hit a 10-year high of 13 percent in February, Veidekke said it expects prices will grow by a much more moderate 2-3 % in 2018
Italy’s real estate market started to pick up in 2014, said Maurizio Pezzetta, the owner and broker of La Commerciale, a luxury real estate agency based in Rome and the exclusive Christie’s affiliate in Rome and Lazio. In 2016, there were around 500,000 transactions nationwide, up from about 400,000 in 2013, Mr. Pezzetta said, although this is still far below the pre-recession peak of around 845,000 sales in 2008.
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