Rents in and around London increased throughout Q1 and Q2 and are now noticeably higher than pre-pandemic levels. As demand outstrips supply, rents bounced back at historic rates since their pandemic low point in Q1 2021.
Calgary’s desirability is growing fast, causing quick movement in the housing market. With low cost of living, an up-and-coming tech sector, and loosened COVID-19-related travel restrictions, Calgary is a popular destination for both domestic movement and international assignees.
Like other urban cities across the United States, San Francisco’s rental market took a big hit as many people in the tech hub changed their residence during the work-from-home policies of the pandemic.
Like most places around the world, St. John’s, Newfoundland, Canada and Labrador was affected by the COVID-19 pandemic.
Flexible work arrangements are nothing new as working from home for one or two days a week has been a long-standing benefit for many office-based workers, such as those in professional services.
As the conflict in Ukraine continues, the outflow of people is impacting neighboring housing markets, especially Poland.
Recent headlines in the United States have been dominated by the rapid inflation of housing prices.
Over the past two years, the South Korean government implemented a series of measures to stabilize the real estate market and make it more transparent.
While investigating the rental market in Seoul, I spoke with Yonjoo Oh, CEO of Reloko. Yonjoo said it is important for assignees to understand the various ways of renting a property before they arrive in South Korea.