Turkey's housing market in February 2024: sales up 17.3%
The number of residential properties sold nationwide rose by 17.3% in February 2024 compared to the same month last year, reaching 93,902 objects.
Cyprus Property Market in February: Positive Outlook for the Year 2024
In February 2024, the total volume of property transactions reached 1,543, surpassing the number recorded in the preceding two years. The number of registered transactions increased by 14.6% compared to February 2023.
Dubai's Property Market Report: Strong Growth and Sustained Positive Trend in February 2024
The Tranio team continues to analyse statistics on off-plan property deals based on data from the Dubai Land Department. The number of transactions in February is steadily increasing.
Data: Turkish property market remained stable in January 2023
In 2023, a trend of declining foreign demand for real estate in Turkey compared to the peak levels of 2022 became noticeable. This trend has persisted into the beginning of this year.
Cyprus Property Market – January 2024: the positive trend continues
In January 2024, the total volume of property transactions reached 1327, surpassing the number recorded in the preceding two years. The number of registered transactions increased by 13% compared to January 2023.
Turkey's property market in 2023: Russians are leading investors among foreign nationals
Following record demand set in 2022, each new complication in obtaining Turkey's residence permit led to a drop in applications and transactions by Russians. Nevertheless, with 10,560 properties purchased in Turkey, they remained the top property buyers among foreign nationals in 2023.
Property market statistics in Turkey: strong domestic demand provided a new round of sales growth in December 2023
In December 2023 the foreign demand for property in Turkey continued to decline compared to the previous year's peak.
Dubai Property Market Update: reports of a slowdown in demand for off-plan properties in Fall 2023 were premature
Following Bloomberg, numerous analysts observed a decline in activity in Dubai's off-plan residential market in Fall 2023, which some experts attributed to a drop in demand from Russian HNWIs (high net worth individuals).
Cyprus Property Market Report: Non-EU Residents Drive Strong Demand for Real Estate in December 2023
In December 2023, the total volume of property transactions reached 2,074, an all-time high in 2 years of observations. The number of registered transactions increased by 17% compared to November 2023 and by 10% year-on-year.
Cyprus Property Market Report: Foreign Buyers Surge in late 2023
In November 2023, the total volume of property transactions reached 1,768, showing an increase of 19% over the same month last year (1,484 transactions). The number of transactions remained virtually unchanged compared to October 2023 with an increase of 1.7%.
Research: The impact of loneliness on quality of life, real estate investment, and the global economy
The pandemic and resulting social isolation have brought attention to the issue of loneliness. These events have demonstrated that loneliness is not only oppressive and devastating but also poses a threat to human health. The World Health Organization (WHO) has addressed the issue, and the European Commission has conducted a separate research on the risks and consequences of loneliness.
Data: In H1 2023, demand for real estate in Thailand has grown among investors from China, USA, and European countries
Official data released by the Government Housing Bank (GHB) in June 2023 indicates a significant increase in the purchase of apartments in Thailand by foreigners in Q1 2023. Compared to Q1 2022, there has been a 79.2% rise in the number of units bought, with a total of 3,775 apartments purchased.
Russian-speaking buyers of overseas real estate – 2023
As of the beginning of 2023, the activity of Russian-speaking property buyers in various foreign countries has more than doubled compared to activity levels at the beginning of 2022.
Statistics: In 2022, Russians bought up thousands of apartments in Turkey, Georgia, and Dubai
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
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Transnational real estate investment: 2021 year-end results of Tranio’s survey
Cross-border property investors ramped up to or surpassed the pre-COVID-19 level of activity in most countries by the end of 2021.