Dallas, Texas, Feb. 01, 2020 (GLOBE NEWSWIRE) — Global Real Estate Property Management software market 2019-2026:
With flourishing advances in property renting, global real estate property management software market is likely to witness magnanimous growth in recent years. These market highlights are in line with Orbis Research’s recent report offering titled, ‘Global Real Estate Property Management Software Market Report 2019, Competitive Landscape, Trends and Opportunities’.
Growing investments in real estate and construction as well as need for transparent documentation processes have leveraged mass scale adoption and concomitant growth in global real estate property management software market. With advances in urbanization and industrialization, investments construction activities have taken a fast ward leap, comprising both commercial and residential sectors. Factors as such are therefore enabling greater adoption and reliance, allowing the real estate property management software market to remain profitable.
Infrastructure development is gaining prominence in recent years. Investments in commercial construction and diversity in services such as on-premise and cloud based offerings are further fueling growth in global property management software market. Technological diversifications are singularly attributed to perk up growth in global property management software market in the coming years.
In a recent development JMD Group from Singapore has entered into a long term business commitment with Yardi Vyager to maintain and manage property documentation. The developments is a vital advancement in global property real estate property management software market.
By segmentation, type and application comprise dominant segments in real estate property management software market. By type the market is fragmented into cloud, mobile and PC. Based on application the market is further classified into small, medium, and large scale enterprises. Further in the trailing sections, the report also evaluates regional scope and expanse as well as competitive landscape, highlighting dominant players as well as identifying novel entrants inking disruptions in global real estate property management software market. The report also highlights some of the main players complete with a detailed analytical review of prominent market participants. Some of the leading players in global real estate property management software market include TenantCloud, Accruent Inc., Oracle Corp, Corrigo, Yardi Systems, Inc., CoStar Group, and Fiserv Inc. amongst others.
The competitive landscape of real estate property management software market is rather concentrated with leading stance of veterans and established players. Each of the leading players has been duly assessed and evaluated to garner optimum understanding on their growth strategies. Each of the mentioned profiles has been meticulously assessed and deep analytical study of portfolio diversification and company overview are tagged in the trailing sections of the report to encourage high revenue models in global real estate property management software market.
Major points from Real Estate Property Management Software Market: 1 Real Estate Property Management Software Market Overview 2 Global Real Estate Property Management Software Market Landscape by Player 3 Players Profiles 4 Global Real Estate Property Management Software Production, Revenue (Value), Price Trend by Type 5 Global Real Estate Property Management Software Market Analysis by Application 6 Global Real Estate Property Management Software Production, Consumption, Export, Import by Region (2014-2019) 7 Global Real Estate Property Management Software Production, Revenue (Value) by Region (2014-2019) 8 Real Estate Property Management Software Manufacturing Analysis 9 Industrial Chain, Sourcing Strategy and Downstream Buyers 10 Market Dynamics 11 Global Real Estate Property Management Software Market Forecast (2019-2026) 12 Research Findings and Conclusion 13 Appendix
Real Estate Accounting Software Market: Need for Error Free Documentation and Computation Underscores Growth:
Need for computer operated accounting is taking major strides in industrial applications more specifically in real estate sector. Conventional recording and book keeping practices are increasingly taking a backseat to facilitate error free data computation with respect to diverse schemes and activities such as inventory, payroll, accounts receivable and payable as well as general ledger.
Complex processes in real estate market comprising diverse end-use applications such as human resource management, CRM, transaction records and the like are effortlessly mediated via software applications, thus incurring ample growth in global real estate accounting software market. Orbis Research has recently announced the addition of a new business intelligence report under the title, ‘Global Real Estate Accounting Software Market Report 2019’ to gauge recent market advances and developments and evaluate their reciprocal implications on holistic growth route of global real estate accounting software market.
Adoption of cloud based accounting is on the rise to curb operational expenditure. In terms of efficiency and delivery cloud based real estate accounting software is versatile and irresistible. However, adoption ratio falls short of expectations owing to stark security concerns and constant threat to data transparency. This is estimated to substantially stiffen growth in global real estate accounting software market in the forthcoming years.
The competitive landscape of real estate accounting software market is rather concentrated with leading stance of veterans and established players. Each of the leading players has been duly assessed and evaluated to garner optimum understanding on their growth strategies. Each of the mentioned profiles has been meticulously assessed and deep analytical study of portfolio diversification and company overview are tagged in the trailing sections of the report to encourage high revenue models in global real estate accounting software market.
By segmentation, type and application comprise dominant segments in real estate property management software market. Real estate accounting software market is classified into two types such as on-premise and cloud based. Based on application the market is further classified into small, medium, and large scale enterprises. Further in the trailing sections, the report also evaluates regional scope and expanse as well as competitive landscape, highlighting dominant players as well as identifying novel entrants inking disruptions in global real estate accounting software market. The report also highlights some of the main players complete with a detailed analytical review of prominent market participants. Some of the leading players in global real estate accounting software market include Intuit, Sage Intacct, Oracle, NetSuite, EBizCharge, ScaleFactor, and Workday amongst others.
Snapshot of Table of Contents 1 Real Estate Accounting Software Market Overview 2 Global Real Estate Accounting Software Market Landscape by Player 3 Players Profiles 4 Global Real Estate Accounting Software Production, Revenue (Value), Price Trend by Type 5 Global Real Estate Accounting Software Market Analysis by Application….continued
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TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.
The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.
The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.
“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.
“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”
The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.
New listings last month totalled 15,328, up 4.3 per cent from a year earlier.
In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.
The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.
“I thought they’d be up for sure, but not necessarily that much,” said Forbes.
“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”
He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.
“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.
“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”
All property types saw more sales in October compared with a year ago throughout the GTA.
Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.
“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.
“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”
This report by The Canadian Press was first published Nov. 6, 2024.
HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.
Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.
Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.
The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.
Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.
They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.
The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.
This report by The Canadian Press was first published Oct. 24, 2024.
Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.
Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.
Average residential home price in B.C.: $938,500
Average price in greater Vancouver (2024 year to date): $1,304,438
Average price in greater Victoria (2024 year to date): $979,103
Average price in the Okanagan (2024 year to date): $748,015
Average two-bedroom purpose-built rental in Vancouver: $2,181
Average two-bedroom purpose-built rental in Victoria: $1,839
Average two-bedroom purpose-built rental in Canada: $1,359
Rental vacancy rate in Vancouver: 0.9 per cent
How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent
This report by The Canadian Press was first published Oct. 17, 2024.
