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The Engel & Völkers News Brief | May 25, 2018

Friday, May 25th, 2018 at 12:00pm Engel & Völkers

E&V News

A Hurricane-Proof South Carolina Estate
Mansion Global
In an area of the eastern United States that’s frequently in the path of major hurricanes, this nearly 10,000-square-foot estate is built to stand tough and tall.

House Hunting in … Spain
The New York Times
The 13,000-square-foot house, which has two stories, with seven bedrooms and bathrooms, is behind an iron gate, at the end of a long driveway flanked by olive trees and oleander bushes.

How Much it Costs to Move the Average Home in South Africa Onto Solar Power in 2018
Business Tech
More South African homeowners are choosing to move to solar panels due to increasing affordability and the wide range of benefits they offer.

Americas

Surging Prices, Rates Test Demand in U.S. Housing Market
Bloomberg
Fear of missing out may persuade Americans with an eye on buying a home to hurry their decision before it gets more expensive.

Housing Prices Are Going Up in Ottawa, but Experts Say It’s Too Early for Panic
Global News
As the volume of home sales across Canada stagnates, there’s one place where you can still find lines out the door for open houses on a Sunday afternoon: Ottawa.

International

Residency Changes Could Open the Floodgates to UAE’s Property Sector, Say Experts 
The National
Amendments could affect residency regulations for retirees.

Luxury Living

For Chinese Tourists, Going Green is a Luxury
Jing Travel
Chinese travelers are going abroad in record numbers—130 million international trips according to Ctrip and the Chinese Tourism Academy, resulting in an unprecedented impact on the environment. 

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