The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January, a new report says. Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move. Hotel Investment Strategies CEO Ross Woods has used econometric forecasts of international visitor arrivals from Indonesia’s major source markets… Block71, a Singapore-based global network of entrepreneurial hubs set up and managed by the National University of Singapore enterprise, has finally landed in Jakarta after partnering with prominent conglomerate Salim Group. Colliers has released its Asia Pacific Market Snapshot for the first quarter of 2020, detailing the impact of COVID-19 across all sectors of Indonesia’s property market.
- The Knight Frank-NAREDCO Real Estate Sentiment Index Q reported a surge in confidence in residential and office markets, attributed to stable economic fundamentals, post-pandemic momentum, and increased transaction volumes.
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- The country’s commercial capital witnessed more than 11,917 property registrations during the month, up 21.3% from a year ago.
The real estate sector has witnessed regulatory changes with the potential to influence housing market operations. While average rents at city level grew by 5.8% YOY, South and North Bengaluru saw the highest rental growth of 6-7% YOY in premium residential developments, a report by Savills India has said. The commencement of metro line 2A and 7 between Dahisar and Andheri has favourably impacted the demand for rental properties, especially in the micro market of Western Suburbs Others. “Investors will increasingly look for residential investments in these cities which have a