USA
In December 2024, home sales in the U.S. hit a 20-month high, showing increased market activity despite ongoing affordability challenges. Experts say lower mortgage rates helped boost sales, though limited inventory and high prices remain concerns.
Source: Existing Home Sales in the U.S. Hit a 20-Month High
U.K.
House prices in the U.K. went up by 3.4% in October 2024 as more people entered the market. This came as mortgage rates settled a bit, boosting buyer interest. However, future growth might be slowed by economic challenges and inflation.
Source: Average House Prices Went Up by 3.4% in October
Canada
Canada's rental housing supply hit its highest level in 10 years thanks to increased construction efforts. This could help ease the country’s housing shortages over time, making homes more affordable.
Source: Canada's Rental Supply Surges to Decade-High Levels
Australia
Homeowners in Australia made a record median profit of $295,000 when reselling properties in late 2024. Strong demand continues despite higher interest rates and stricter lending conditions.
Source: Australians Made a Record $295,000 Median Profit When Reselling Their Property
Dubai
Dubai's real estate market saw AED 40 billion in transactions in November 2024, driven by strong investor interest and demand for luxury properties. Government policies and a strong economy continue to support the market’s growth.
Source: Dubai Real Estate Market Achieves AED 40 Billion in November 2024 Transactions
Singapore
While Singapore's property market has slowed a bit, branded residences are still popular with investors. These high-end properties are seen as good long-term investments despite concerns about high prices and possible government restrictions.
Source: Market Watchers See Value in Branded Residences in Singapore Despite Slow Take
