In Ireland, agents sell real estate online
Virtual views, live chats with brokers and electronic signature of documents are the new reality of the Irish real estate market, writes The Irish Times. Savills Ireland has launched a…

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Rental rates in Spain have increased by 50 % in five years
In some regions of the country, the growth of rental rates exceeded 60 %. Over the past five years, residential real estate rentals in Spain have risen in price by…

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UK increases stamp duty for foreign property buyers
The stamp duty surcharge will begin to be collected from April 2021. This decision may lead to a temporary surge in the activity of foreign investors in the country's market,…

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fed

The US Federal reserve lowered its base rate to almost zero

The us regulator is taking measures to protect the economy from the effects of coronavirus.

The us Federal reserve, which serves as the country’s Central Bank, cut its benchmark interest rate by one percentage point to 0-0. 25 % at an emergency meeting on March 15. This is stated in the report of the regulator.

“The Committee expects to maintain this target range until it is confident that the economy has withstood recent events and is on track for maximum employment and price stability targets,” the fed’s management said in a statement. Continue reading

Rental rates in Athens rose to 30 % over the year and exceeded pre-crisis indicators
In several districts of Athens, rent has risen in price over the past year by 20-30 % and exceeded the figures recorded before the crisis, reports ekathimerini.com. A similar situation…

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Foreign investment in real estate in Greece has become a record
Sales of Greek real estate to foreigners soared by almost 30 % over the year and reached a record level in 2019 — 1.45 billion euros, writes Ekathimerini. According to…

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The Bank of Greece forecasts a stable situation in the real estate market
The impact of the pandemic on the domestic and global economy may affect the Greek real estate market in the short term. But as soon as the situation normalizes, demand…

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In Ireland, agents sell real estate online
Virtual views, live chats with brokers and electronic signature of documents are the new reality of the Irish real estate market, writes The Irish Times. Savills Ireland has launched a…

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