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Broll Property Services says the Graphic-GREDA Housing Fair at the GHUD Park of the Accra
Mall is as a transformative event for the real estate sector.
Protest Erupts as UG Staff and Residents Stand Against Forced Evictions Near Achimota in
Accra
Latest figures show dropping prices, slowing sales for London-area homes in the UK.
The news now in detail
Laila Addae, a manager at Broll Property Services, has praised the Graphic-GREDA Housing
Fair at the GHUD Park of the Accra Mall as a transformative event for the real estate sector.
The fair has become a crucial platform for buyers, sellers, lessees, and intermediaries to connect
and make mutually beneficial deals.
She emphasized that the fair provides an unparalleled opportunity for interaction, allowing Broll
Ghana and other real estate professionals to engage with clients who might have been hesitant to
seek their services previously.
Unlike traditional agents, Broll Ghana has embraced innovative approaches, such as online
services and direct communication channels, to facilitate easier access for buyers and lessees.
“We offer a seamless experience for those looking to buy property or rent space,” Addae noted.
Students from various educational institutions actively participated in the fair, exploring booths
and engaging with real estate professionals to better understand the industry. The public also
took advantage of the fair to assess housing and property options.
Attendees expressed appreciation for the fair, emphasizing the value of gaining firsthand
knowledge
In International News
London’s housing market began the second half of the year the same way it ended the first: on a
rather sluggish note.
Figures released Tuesday by the London St. Thomas Association of Realtors (LSTAR) showed
604 homes changed hands in July, which is 36 fewer than the same month last year.
The drop in year-over-year sales for the region, which also includes Strathroy, St. Thomas, and
portions of Elgin and Middlesex counties, comes as the average resale price of a home dropped
by more than $16,000 last month.
Last month’s figures underscore the massive toll higher interest rates have had on the local
housing market, which only a few years ago was among the most overheated in the country.
From one that heavily favoured sellers, where properties were regularly selling above asking
price, London’s market has moved into more balanced territory.
Kathy Amess is chair of the local real estate association. She said the market’s performance may
seem especially weak now that the frantic pace has slowed, but the same trends are being seen
across the country.
The Bank of Canada cut its key interest rate for the second time this year in June, to 4.5 per cent,
but analysts believe more cuts will be needed to reenergize the Canadian
Source : Joycelyn Marigold -Property Express News
