The UK is on the move. A recent study by services company, GHD, has revealed that 40% of people in the UK are considering moving to a different location as a result of the COVID-19 pandemic, with a higher proportion of those considering a move among people living in urban areas and city centres.
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Canada’s housing market continues to rise strongly, despite the economic repercussions brought by the COVID-19 pandemic. House prices in the country’s eleven major cities rose by 8.57% during 2020, in contrast to a fall of 0.29% the previous year. Quarter-on-quarter, house prices increased 2.43% in Q4 2020.
International property broker EDMUND TIE is reporting that with signs of progressive economic recovery in play for Singapore, private home activity continued on an upward trend for five consecutive months to reach 1,329 units transacted in September 2020.
According to JLL's newly released Residential Market Monitor report, Hong Kong property developers are expected to reconfigure apartment design to suit the working needs of dwellers as flexible workplace arrangement becomes more common in 2021.
Things are coming to a boil in the market for U.S. homes, and it may be the right time to sell.
Brazil’s housing market remains fragile with house prices in Sao Paulo rising by a minuscule 0.21% during the year to Q3 2020, following annual growth of 0.31% in Q2, declines of 1.01% in Q1 2020, 1.96% in Q4 2019, 0.88% in Q3, 1.29% in Q2 and 2.41% in Q1. On a quarterly basis, house prices in Sao Paulo were almost unchanged in Q3.
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