Tuesday , August 3 2021

Real Estate

Sharjah real estate transactions hit AED12.2 billion in H1 2021

SHARJAH / WAM The Sharjah Real Estate Registration Department recorded 40,346 real estate transactions worth AED12.2 billion, marking a 40.5 percent increase till June 2021 against the same period last year, according to the department’s statistical report for the first half of 2021. Moreover, the total area covered in sales ...

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Dubai records 6,388 real estate deals worth AED14.8b in June

DUBAI / WAM Dubai’s real estate sector recorded 6,388 sales transactions in June, worth AED14.79 billion, according to the 16th edition of Mo’asher, Dubai’s official sales price index. This was the highest value of sales in eight years, noted officials. The sales transactions in June 2021 were 44.33 percent higher, ...

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Canadians’ net worth surges on housing but renters left behind

Bloomberg The coronavirus pandemic real-estate boom has made some Canadians richer, while others languish. The net worth of the nation’s households increased by about C$770 billion ($633 billion) in the first three months of 2021, a record 6% gain, to C$13.7 trillion, Statistics Canada said in a report. Since the ...

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Dubai records 4,832 real estate deals worth AED10.98b in April

Dubai / WAM Dubai’s real estate market continues to achieve record numbers in the number and value of real estate sales transactions, thus enhancing the emirate’s global position as the preferred, and most attractive and flexible real estate investment destination. The 14th edition of Mo’asher, Dubai’s official sales price index, ...

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US new-home sales rise more than forecast after winter setback

Bloomberg US new-home sales rebounded sharply in March to the highest since 2006, suggesting that the housing market is back on track after winter storms impeded demand in February. Purchases of new single-family homes increased 20.7% last month to a 1.02 million annualised pace after an upwardly revised 846,000 rate ...

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