Russia enters global top ten for house price growth, with real estate values shooting up as elites bring money home from abroad

With properties changing hands for more and more cash, and a fast-growing real estate sector, Russia is now among the top ten nations for rising house prices, overtaking historic safe bets for investors such as the United Kingdom. … Read More >Russia enters global top ten for house price growth, with real estate values shooting up as elites bring money home from abroad

California’s population declines for FIRST TIME ON RECORD as Covid-19 lockdowns wreck economy, home prices keep rising

California’s population fell by 182,083 people in 2020, the state’s first decline on record, as residents were increasingly unable to afford rising home prices amid Covid-19 lockdowns that torpedoed jobs. … Read More >California’s population declines for FIRST TIME ON RECORD as Covid-19 lockdowns wreck economy, home prices keep rising

Moscow and Saint Petersburg in top 10 for annual house price-rises as Russia’s property boom continues during Covid-19 pandemic

New figures from the Global House Price Index have revealed that the cost of buying property in Moscow rose by a whopping 21.1% in the last year, putting the Russian capital into 7th place on the planet for annual price increases. … Read More >Moscow and Saint Petersburg in top 10 for annual house price-rises as Russia’s property boom continues during Covid-19 pandemic