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World Property Journal
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Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels.
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Macau property market fell to its bottom in 1H16 but rebounded a bit in 2H16 with the launch of several new residential projects.
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The owners of London's iconic Burlington Arcade, Thor Equities and Meyer Bergman, have announced plans to sell the renowned global luxury retail destination, and have selected global property advisor CBRE to market the property.
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Top retirement destination in the world this year now goes to #Mexico.
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buying a home is more affordable than renting in 66 percent of U.S. housing markets.
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Hotel and industrial sectors saw biggest rise in investment
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U.S. commercial real estate executives are especially bullish on industrial, infrastructure and multi-family asset classes in 2017.
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Hotel consulting firm STR is reporting that their Baird/STR Hotel Stock Index increased 7.1 percent from November to December 2016, and closed the year up 19.6 percent at 3,702.
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Office Absorption in India Hits Record Levels
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U.S. commercial and multifamily mortgage lending is expected to increase in 2017
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U.S. economy and commercial property markets are positioned to perform well in 2017.
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Your source for global real estate news, market reports and data.
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The World Property Journal™ is an emerging digital newspaper that covers residential, commercial and vacation real estate news, markets, deals and trends - on a global scale.
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