The Dubai economy continues to witness sturdy growth regardless of the difficult international financial state of affairs. In the first 9 months of 2022, the emirate’s GDP grew four.6 per cent year-on-year to reach Dh307.5 billion. The recently launched Dubai Economic Agenda D33 features complete economic targets of Dh32 trillion over the subsequent Real Estate News 10 years. Airbnb has made a significant influence on the Kenyan rental market, revolutionizing the greatest way people… read extra… “Speeding up of annual house price development reflects much of the pent-up demand that exists in the housing market amid very low inventories,” said Dr. Selma Hepp, chief economist at CoreLogic.
- Cibus reviews an increase in rental income by six percent and a rise in web working income by six percent in the fourth quarter.
- Prices, per the index, were additionally 6.6% above January ranges — the figures represented a 6.1% year-to-date enhance.
- “Rental properties, especially more inexpensive items, had been snapped up shortly within the second quarter of 2023, indicating sturdy rental demand amid waning demand in the for-sale house,” said Jones.