Key Global Real Estate News Review: 16.04 – 22.04

The global real estate market is showing mixed dynamics. China’s housing sector is attempting to recover from crisis, while investors remain cautious toward both Chinese and Turkish property markets. Spanish real estate continues to attract strong demand, especially in Barcelona, Madrid, and Alicante. Construction trends are also shifting: Egypt is developing new cities, while Mumbai is expanding vertically with high-rise projects.

China’s housing market: waiting for stabilization

New home prices in China fell by 3.4% between March 2025 and March 2026. Sales and investment continue to decline, with developers under pressure from debt and weak demand. At the same time, first signs of stabilization are emerging in major cities, including Shanghai.

Foreign buyers exit Turkey’s property market: sales down 20%

In March 2026, foreign buyers purchased 1,353 residential properties in Turkey — 20% less than a year earlier. Their share dropped to 1.2% of total transactions, down from 4.5% in 2022. Domestic activity is also slowing, especially in resale housing, while new-builds and mortgage-driven purchases show some growth.

Alicante strengthens its position in Spain’s housing market

Alicante remains one of Spain’s key real estate hubs, ranking third after Madrid and Barcelona. In 2025, over 53,000 transactions were recorded in the province, up 2.9% year-on-year. Resale homes accounted for 81.5% of sales, while new builds made up 18.5%.

Short-term rentals reshape travel patterns in the US

The US short-term rental market is valued in the tens of billions of dollars and is growing at around 7% annually. Platforms like Airbnb and Vrbo are increasingly replacing traditional hotels, shifting demand toward apartments and houses. This trend is also driving stricter regulation in some cities.

Construction boom reshapes Egypt’s real estate market

Egypt’s existing development pipeline is estimated at around $120 billion, with future projects exceeding $565 billion. The country is one of the largest construction markets in the MENA region, second only to Saudi Arabia and the UAE. Major activity is concentrated in residential and commercial real estate, as well as new cities and infrastructure clusters.

Mumbai expands upward due to land scarcity

With an area of around 157 sq. km and a population density of nearly 20,000 people per sq. km, Mumbai is increasingly shifting toward vertical development. In 2025, office leasing reached 1.08 million sq. m., a six-year high, putting additional pressure on the property market. New projects are often built after demolishing older low-rise structures.

Housing in Australia becomes less affordable for families

Average housing prices in Australia have surpassed $700,000, increasing pressure on buyers and reducing affordability. Major cities are seeing the strongest price growth due to limited supply and high competition.

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