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Global Real Estate Bubble Index 2024: A Global Shift in Housing Markets, But Dubai Remains Resilient As inflation-adjusted housing prices have dipped by an average of 15% in major western cities since mid-2022, we are witnessing strong market corrections, particularly in cities previously deemed high-risk for real estate bubbles. Cities like Frankfurt, Munich, Stockholm, HongKong, and Paris are experiencing real price drops of 20% or more. Vancouver, Toronto, and Amsterdam have also seen notable declines of around 10% in real terms. However, not all markets are slowing down. Dubai continues to defy global trends, showcasing remarkable resilience. While cities like Paris and Hong Kong face ongoing corrections, Dubai's property market, along with Miami, continues to surge. This growth is driven by high demand in sought-after locations and favorable market conditions. As global markets shift, Dubai's real estate continues to be an outlier, attracting investors and end-users alike with its unique blend
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Sandeep ji, the way you explained with facts and figures really will help the investors where to invest in dubai real estate...I really appreciate...Looking for more videos especially on dubai south and Dubai land location.
Global Real Estate Bubble Index 2024: A Global Shift in Housing Markets, But Dubai Remains Resilient
As inflation-adjusted housing prices have dipped by an average of 15% in major western cities since mid-2022, we are witnessing strong market corrections, particularly in cities previously deemed high-risk for real estate bubbles. Cities like Frankfurt, Munich, Stockholm, HongKong, and Paris are experiencing real price drops of 20% or more. Vancouver,
Toronto, and Amsterdam have also seen notable declines of around 10% in real terms.
However, not all markets are slowing down. Dubai continues to defy global trends, showcasing remarkable resilience. While cities like Paris and Hong Kong face ongoing corrections, Dubai's property market, along with Miami, continues to surge. This growth is driven by high demand in sought-after locations and favorable market conditions.
As global markets shift, Dubai's real estate continues to be an outlier, attracting investors and end-users alike with its unique blend