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Global
US Existing Home Sales Unexpectedly Fall as Prices Reach Record High
▫️Sales decline 2.4 percent to an annual rate of 4.09 million units as elevated mortgage rates and affordability pressures keep potential buyers on the sidelines
Article
Recovery of Railway Land: Lahore Division Offers a Model for Nationwide Reform
Muhammad Faisal Sulehria
Global
UK Housing Market Downturn Eases Slightly, but Buyer Sentiment Remains Fragile
▫️Buyer enquiries and short term sales expectations improve in June, while market uncertainty and limited housing supply continue to weigh on activity
Global
Spain and Portugal Step Up Scrutiny of Rapidly Rising Property Markets
▫️House prices rise 12.9 percent in Spain and 17.8 percent in Portugal as regulators monitor mortgage lending, affordability pressures and signs of overheating
National
Declares Forest Land Cannot Be Allotted to Private Individuals, Seeks Complete Record in Gujrat Land Case
▫️Court questions alleged irregularities in the reported 1983 auction of 666 kanals of Forest Department land and summons assistant commissioners with all official records after the summer recess