{"id":100123,"date":"2024-11-07T16:47:40","date_gmt":"2024-11-07T08:47:40","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=100123"},"modified":"2024-11-08T12:47:57","modified_gmt":"2024-11-08T04:47:57","slug":"global-property-market-insight-nov-2024","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/global-property-market-insight-nov-2024\/","title":{"rendered":"Global Property Market Insight | November 2024 – Juwai IQI"},"content":{"rendered":"\n

The global property market is entering a transformative “supercycle” driven by urbanization, demographic shifts, and infrastructure investments. Saeed notes that housing is becoming a new “global currency” as more investors turn to real estate as a hedge against inflation and economic uncertainty. This surge in demand, coupled with supportive policies in key markets, suggests that property values may continue to outpace income growth, offering stability and resilience in times of global economic fluctuation.​<\/p>\n\n\n\n

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Key Economic Highlights Across Global Markets<\/h2>\n\n\n\n
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  1. Australia<\/strong>: Australia’s dwelling values experienced a modest increase of 0.4%, similar to the 0.3% growth in July and August, signaling a continued slowing of momentum.<\/li>\n\n\n\n
  2. Greece<\/strong>: Over the past six years, Greece’s house price index has steadily increased, achieving a 99.7% recovery from its lowest point in the third quarter of 2017.<\/li>\n\n\n\n
  3. Hong Kong<\/strong>: Hong Kong’s stock market surged from around 16,600 to over 19,000 points due to Mainland China’s recent economic stimulus<\/li>\n\n\n\n
  4. Turkey<\/strong>: Turkey’s real estate market, currently valued at USD 99.05 billion, is on a strong growth path, expected to reach USD 168.11 billion by 2029<\/li>\n\n\n\n
  5. Portugal<\/strong>: The Portuguese government has announced a significant increase in its public housing construction target under the Recovery and Resilience Plan (PRR).<\/li>\n<\/ol>\n\n\n\n

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    Tips for Managing Market Volatility<\/h2>\n\n\n\n