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Knight Frank - 1 Kurti - 1 Kate Everett - 1 Allen - 1 Jeremy Rollason - 1 sanatoriums - 1 Rollason - 1
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Savills
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Bain & Company - 1 Alpine - 1 Swiss - 1

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☆ Luxury chalet buyers in the Alps are now interested in a lot more than just skiing
  + stars: | 2024-12-01 | by ( Maria Noyen | ) www.businessinsider.com   time to read: +3 min
Property companies say the quality of the skiing is not the only criteria for some Alpine buyers. Instead of winter sports, wellness is taking priority for many seeking an Alpine chalet. AdvertisementYet, for some wealthy chalet buyers in upmarket towns such as Gstaad and Courchevel, it seems skiing is no longer the only draw. Pristine slopes are not the only draw for Alpine chalet buyers. Rollason added that if the uber-wealthy are buying a chalet, "then it's not just a chalet — it's an all-encompassing leisure object."
Persons: Knight Frank, Kurti, Kate Everett, Allen, Jeremy Rollason, sanatoriums, Rollason Organizations: Bain & Company, Alpine, Swiss Locations: Savills
☆ Global house prices set to extend declines, risk of more with higher rates: Reuters poll
  + stars: | 2023-03-10 | by ( Hari Kishan | ) www.reuters.com   time to read: +3 min
Predicted drops in house prices in the U.S., Canada, Britain, Germany, Australia and New Zealand will come off price surges of as much as 50% since the start of the pandemic in 2020. House prices in Canada and New Zealand, which began to fall last year, were forecast to register a peak-to-trough drop of at least 20%, the poll showed. Reuters Graphics Reuters GraphicsDouble-digit falls from recent peaks were also predicted for Australia (16.0%), Germany (11.5%) and the U.S. (10.0%). Reuters Graphics Reuters GraphicsAmong the most commonly cited reasons for house prices to remain elevated were crimped supply, made worse during the pandemic, when construction activity came to a near-halt, and ever-rising demand. While India's housing market will remain resilient despite rising interest rates, home prices in Dubai were also predicted to rise steadily.
☆ Global house prices set to extend declines, risk of more with higher rates
  + stars: | 2023-03-10 | by ( Hari Kishan | ) www.reuters.com   time to read: +3 min
Predicted drops in house prices in the U.S., Canada, Britain, Germany, Australia and New Zealand will come off price surges of as much as 50% since the start of the pandemic in 2020. House prices in Canada and New Zealand, which began to fall last year, were forecast to register a peak-to-trough drop of at least 20%, the poll showed. Reuters Graphics Reuters GraphicsDouble-digit falls from recent peaks were also predicted for Australia (16.0%), Germany (11.5%) and the U.S. (10.0%). Reuters Graphics Reuters GraphicsAmong the most commonly cited reasons for house prices to remain elevated were crimped supply, made worse during the pandemic, when construction activity came to a near-halt, and ever-rising demand. While India's housing market will remain resilient despite rising interest rates, home prices in Dubai were also predicted to rise steadily.
☆ Global house price fall underway won't do much for affordability, say analysts
  + stars: | 2022-12-15 | by ( Hari Kishan Indradip Ghosh | Hari Kishan | Indradip Ghosh | ) www.reuters.com   time to read: +4 min
Among the nine housing markets surveyed, prices in six were expected to drop next year. Cost of living increases will also reduce demand as some consumers delay home purchases," noted analysts at Fitch Ratings, adding there was "significant uncertainty" around how much house prices would fall. An overwhelming majority of analysts polled by Reuters in the past weeks said house prices need to fall more than they currently expected in order to make them affordable. Already falling sharply, Australia and New Zealand housing prices were likely to fall further next year, by around 16%-18% from their peaks. The last time house prices fell sharply was during the global financial crisis almost 15 years ago, but with most major economies forecast to enter only a shallow recession, a similar crash was unlikely.
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