Darko Đikanović’s Post

The residential real estate market has not only regained demand-supply balance following a decade-long crisis, but is also starting to experience supply-constrained price increases. Read the new Greece Special Focus Report, September 2023: bit.ly/3R7Tj09 #NBGinsights

#MarketUpdate | As commercial real estate comes through the lingering effects of the Pandemic, increasing interest rates and capitalization rates, the broad fundamentals underpinning real estate remain robust. The land that houses the economy is finite and strong demand continues as Canada continues to grow its population at the fastest rate in the G7.   If the world is heading into structurally higher inflation it is highly likely that real estate will outperform other traditional assets, such as equities and especially fixed-income investments on a long-term basis.   We invite you to read our latest quarterly Canadian Real Estate Market Update to learn more about the current state of the office, industrial, retail and multi-residential asset classes.   https://lnkd.in/dFU_vkhW

South American Real Estate Market: Sustained Growth and Challenges in Brazil and Argentina

Days on market trending higher Properties have been taking quite a bit longer to sell over the past few months, suggesting property markets in some parts of the country are slowing. The median Australian property took 38 days to sell in the February quarter, compared to 32 days in the November quarter, according to CoreLogic. Days on market in the combined capital cities rose from 29 to 32 days in that time, while days on market in the combined regions rose from 36 to 50 days (see graph). When days on market are rising, that means there’s less buyer competition, which in turn points to a cooling market. #property #realestate #homeloans 

South American Real Estate Market: Sustained Growth and Challenges in Brazil and Argentina

The Australian property market remains dynamic and captivating, showcasing its distinct features and trends. In this dialogue, we explore fascinating data regarding the Australian property market in 2023. Discover 5 intriguing statistics. • The Australian housing market’s staggering value exceeds 9 trillion Australian dollars. • In March 2022, Australia’s residential real estate was valued at $10,145.8 trillion, later decreasing to $9,983.4 trillion in 2022. • Australian home prices experienced an 8.4% decline in January 2023. • The median residential dwelling values as of October 2022 across different cities were: Sydney AUD 1,206,500, Melbourne AUD 1,056,000, Brisbane AUD 720,000, Adelaide AUD 637,000, Perth AUD 647,000, Hobart AUD 680,000, Darwin AUD 630,000, Canberra AUD 914,000. • Real estate experts predict a potential upswing in house prices for 2023, as indications point toward sustained increases driven by population and economic growth.

The US has traditionally been a leading indicator for the real estate sector, but the latest data suggest that it’s the European commercial market that’s now further through the cycle. Having repriced at unprecedented speed and with demand still high, the region could start to recover in the second half of the year.