Bahamas Real Estate News
Bahamas
The World's Luxury Property Markets Go Negative in 2023
Based on Knight Frank's latest Prime Global Cities Index (PGCI), which tracks prices in 46 leading prime markets worldwide, fell by 0.4% in the 12 months to the end of March 2023. This marks a sharp reversal from a peak of 10.1% growth in the fourth quarter of 2021.
Global Home Prices Spike 9.2 Percent in Mid-2021
The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
Global Commercial Investment Returns with a Vengeance in 2021
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
Post Covid, Turks and Caicos Enjoys Swift Real Estate Uptick in 2021
According to Turks and Caicos Sotheby's International Realty's Q1 2021 Market Report, the Caribbean island nations' residential real estate market is on track for a swift comeback.
