Easing COVID-19 restrictions and the naira depreciation have increased demand for rental housing in Nigeria, inflating the market gradually over the last few months.
Recent changes in bank interest rates and tax laws implemented in 2020 are two of the biggest factors that fuel the rental market change for all payment systems in South Korea.
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.