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Abode Intelligence

  • New buyer numbers jump 10% as market ‘stirs from its slumber’
    New buyer numbers jump 10% as market ‘stirs from its slumber’ 19.03.23

    ‘It’s increasingly clear the market is not heading over a cliff’, says Knight Frank. Gloomy predictions of a property market collapse are looking increasingly wide of the mark, with fresh data showing buyer demand is more than holding up across…

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  • New business rates thresholds for holiday lets could have unexpected impacts for owners warns finest retreats
    New business rates thresholds for holiday lets could have unexpected impacts for owners warns finest retreats 19.02.23

    Owners of English holiday lets may not be aware of full impact of upcoming changes to minimum thresholds Increased thresholds are retrospective which could create unexpected financial implications for English holiday let owners The UK’s Valuation Office Agency has issued…

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  • Home-Seller Profits Rose in 2022, Despite Market Slowdown
    Home-Seller Profits Rose in 2022, Despite Market Slowdown 12.02.23

    Home sellers across the US realised a profit of $112,000 on the typical sale in 2022, up 21% from $92,500 in 2021 and up 78% from $63,000 two years ago, according to a new report from ATTOM. ATTOM’s Year-End 2022…

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  • Luxury Home Prices Fall as Starter Homes See Increases
    Luxury Home Prices Fall as Starter Homes See Increases 05.02.23

    Home prices have been the subject of much discussion throughout the recent housing market struggles. The current housing market correction has been slowing price growth, and luxury homes are now seeing year-over-year declines. However, a new Realtor.com report found that…

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  • London’s luxury homes defying Britain’s housing sales slowdown
    London’s luxury homes defying Britain’s housing sales slowdown 29.01.23

    London’s most expensive homes are managing to defy a slowdown in Britain’s housing market. New sales instructions for homes priced at GBP5 million or more were 74% higher in the final quarter of 2022 compared with the pre-Covid-19 average, according…

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  • Cost of living in Portugal is 26% cheaper than UK
    Cost of living in Portugal is 26% cheaper than UK 22.01.23

    New 2023 figures from Numbeo have revealed that the cost of living in Portugal is, on average, now 26.3% lower than in the UK. Key to the more affordable lifestyle in Portugal is the cost of food, with everything from…

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  • 2023 Luxury Outlook Report
    2023 Luxury Outlook Report 15.01.23

    Global survey shows luxury agents see continuing appeal in high-end properties despite interest rate increases and changes in market dynamics. Sotheby’s International Realty recently published its 2023 Luxury Outlook report, an in-depth exploration into high-end real estate markets across the…

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  • China’s Luxury Home Sales Slumped 40% Last Year
    China’s Luxury Home Sales Slumped 40% Last Year 08.01.23

    Sales of luxury homes, costing more than CNY50 million (USD7.3 million) each, tumbled 40% last year in China from the year before on tight supply and as investors look for better returns elsewhere. Only 383 top-tier luxury properties priced at…

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  • Snap, Crackle and Pop
    Snap, Crackle and Pop 24.12.22

    The factory that helped make Kellogg’s Rice Krispies to be transformed into luxury flats with underground spa as £140m project starts. The grade II-listed building on the edge of the Baltic Triangle has been empty since 2005, and has had…

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