Ηomeowners already paying a lower interest rate may be reluctant to move and refinance at a higher rate.

Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023.

Knight Frank reveals the Prime Global Cities Index.

Soaring mortgage interest rates are weighing on the demand

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

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

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

The architectural office Hello Wood shapes a different residential model.

According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.

Compared with June of last year, sales were 18.9% lower. That is the slowest sales pace for June since 2009.