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Mortgage rates in the US hit their highest point since 2000

The average rate on the popular 30-year fixed mortgage hit 7.48%.

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Henry Holterman takes over the Corfu Palace

What does current owner, Mr. Fokas, noted in a farewell letter to the media.

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Canary Wharf Group receives £535m loan for Wood Wharf BTR

The scheme, which includes 295 affordable homes, will become part of the mixed-use neighbourhood in Wood Wharf.

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Soaring mortgage rates boost internal migration in the US

Nearly 26% of property search queries on online real estate brokerage Redfin.com.

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  News Economy  |  Europe  |  Data
The European Central Bank raises rates by 25bps

A headline inflation reading showed the rate coming down to 5.5% in June.

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  News Deals  |  Investments  |  Residential  |  Europe  |  Residential
Aviva partners Via Agora for a BTR resi scheme in Madrid

Via Agora will act as both developer and contractor for the scheme.

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IMF: Global growth will slow to 3% this year inflation is projected to 6.8%

The euro area, still reeling from last year’s sharp spike in gas prices caused by the war, is set to decelerate sharply.

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  News Investments  |  Economy  |  Data  |  Sectors
Construction Costs up 4.5% in Q2 2023

The Price Index of Construction Cost of New Residential Buildings recorded an increase of 6.5%.

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  News Economy  |  Tourism  |  Greece  |  Data
The balance of travel services posted a surplus of €1,538.9 million in May 2023

Travel receipts in May 2023 rose by 24.8% to €1,748.1 million, from €1,400.7 million in May 2022