Models of residential buildings at a sales centre in Bengbu, China. Reuters
The sale of Lisa Kloid’s Northeast Baltimore house was moving along quickly. It went under contract in April after less than a month, and the settlement was moved up to accommodate the eager first-time buyers.
Growth in China’s new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth.
China’s new home prices rose in July as the property sector held up as one of the few bright spots in the slowing economy, although easing momentum in some markets took immediate pressure off regulators
The Dubai International Financial Centre (DIFC), a leading financial hub in the Middle East, Africa and South Asia (MEASA) and home to the largest, most advanced financial innovation ecosystem in the region,
Dubai Land Department, DLD, has said that the real estate sector significantly contributed to GDP growth in the Emirate.
The direct contribution of travel and tourism to the Middle East’s GDP is predicted to rise by 4.2 per cent per annum to $133.6 billion by 2028 — driven in part by additional tourists to the region as a result of mega-events,