Knight Franks Liam Bailey: Real Estate Stays The Preferred Asset Class For Ultra-wealthy Individuals

Homeowners remain reluctant to sell and quit the low mortgage rates they locked in two years in the past. Further, homebuilders have underproduced for decades, leading to a scarcity of 5 million housing items nationwide, according to NAR analysis. The desire for homeownership remains undeterred among customers, as residential sales continue to breach earlier highs.

  • Real estate news and prime headlines from major news sources into an actual estate context every weekday, alongside breaking news from NAR, business ideas, and trade developments.
  • Ohri stated that Indian diaspora across the world, including in the US, Middle East, South East Asia, Australia and Canada, had purchased homes in numerous DLF projects.
  • Analysis of business market sectors and commercial-focused issues and tendencies.
  • The graduation of metro line 2A and 7 between Dahisar and Andheri has favourably impacted the demand for rental properties, especially in the micro market of Western Suburbs Others.

A total …