Countries where property prices are soaring!
We know that the real estate market is now assuming various forms, which differ according to the target demand. This happens as more and more new types of investors decide to appear in real estate. Whether it is young millennials, old people looking for relaxation or fathers of families who want to start from scratch, there is no doubt: the desire to buy a property in 2019 has not changed at all.
Despite the price increase, in some countries really disproportionate, the request does not seem to have stopped.
But we decided to analyze the world situation in detail, especially trying to understand how and above all where real estate prices have reached such high levels.
The luxury segment in Japan, Spain, Singapore and the United States of America recorded excellent results already in 2018, allowing it to expand considerably this year, acquiring new portfolios from abroad due to an optimistic vision guaranteed by stability economic fund.
Indeed, it was the foreign nations that actually increased the price increase. In Singapore, for example, the growth rate of sales contracts has increased to 11 percentage points higher than last year. We also remember that Japan has had an extra gear, thanks to the upgrades arising from the upcoming Tokyo Olympics in 2020.
As for the real estate of the American, while on the one hand the real estate of New York remained unchanged, the same cannot be said of Los Angeles, with properties having become 7.7% more expensive in relation to last year.
The San Francisco market is also excellent, where the sale of houses of a certain value (we are talking about a minimum of 2 million dollars) has undergone a 16% price increase. What upsets is the parallel increase in prices to that of demand, which seems not to be discouraged despite the fact that, in all the countries of the world, there is still a part of the substantial population that lives in difficult economic conditions.
In France, on the other hand, the queen of elegance, even in real estate, seems to have been no such input as to allow investors to converge their resources in the real estate market. Local art and beauty have failed to convince the demand to enter the French market.
What to say, it seems that in general, the luxury market knows no crisis of any kind. Despite this, however, it remains clear that the situation is not homogeneous worldwide and that, above all, part of the success of a conclusion of a sales contract, depends both on the economic possibilities of the individual investor, but also on the perception of economic-political stability that the country manages to transmit internationally
Despite the price increase, in some countries really disproportionate, the request does not seem to have stopped.
But we decided to analyze the world situation in detail, especially trying to understand how and above all where real estate prices have reached such high levels.
The luxury segment in Japan, Spain, Singapore and the United States of America recorded excellent results already in 2018, allowing it to expand considerably this year, acquiring new portfolios from abroad due to an optimistic vision guaranteed by stability economic fund.
Indeed, it was the foreign nations that actually increased the price increase. In Singapore, for example, the growth rate of sales contracts has increased to 11 percentage points higher than last year. We also remember that Japan has had an extra gear, thanks to the upgrades arising from the upcoming Tokyo Olympics in 2020.
As for the real estate of the American, while on the one hand the real estate of New York remained unchanged, the same cannot be said of Los Angeles, with properties having become 7.7% more expensive in relation to last year.
The San Francisco market is also excellent, where the sale of houses of a certain value (we are talking about a minimum of 2 million dollars) has undergone a 16% price increase. What upsets is the parallel increase in prices to that of demand, which seems not to be discouraged despite the fact that, in all the countries of the world, there is still a part of the substantial population that lives in difficult economic conditions.
In France, on the other hand, the queen of elegance, even in real estate, seems to have been no such input as to allow investors to converge their resources in the real estate market. Local art and beauty have failed to convince the demand to enter the French market.
What to say, it seems that in general, the luxury market knows no crisis of any kind. Despite this, however, it remains clear that the situation is not homogeneous worldwide and that, above all, part of the success of a conclusion of a sales contract, depends both on the economic possibilities of the individual investor, but also on the perception of economic-political stability that the country manages to transmit internationally
