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Property speculators head north as London market slumps

UK property speculators who buy and sell homes in quick succession have shifted their focus north as the housing market in London and the south-east begins to slump. Some 11 of the top 15 destinations for “flipping” homes — buying and selling within 12 months — were in the north of England last year. None […]

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Greek Property Market on Slow but Steady Upward Path

Greece’s housing market is gradually improving, holding the 48th spot among 57 global markets on residential and commercial property consultancy Knight Frank’s Global House Price rankings. The London-based agency released second trimester data for the year and according to Central Bank of Malta figures, prices increased by 17 percent year-on-year with only seven countries and territories (12 […]

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Experts warn of ‘debt bomb’ as housing downturn worsens

AUSTRALIA is facing a “debt crisis” — and the property market and our entire economy are at risk as a result. That’s according to the sobering 60 Minutes segment Bricks and Slaughter which aired last night, revealing the country’s property downturn was just the tip of the iceberg. According to reporter Tom Steinfort, the current slump is actually “more […]

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TIPS ON HOW TO BUY OFF-PLAN PROPERTY

03-Sep-2018 by  Kaja Knudsen, Contributor Photo By: Billion Photos Shutterstock.com Over the years, the UAE real estate market has been growing at a constant rate. According to the latest reports, the market has also recently seen a fall in rental and sales prices making it even more attractive to investors. It is now considered by […]

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Bank of England raises UK interest rates

Image copyrightREUTERS The Bank of England has raised the interest rate for only the second time in a decade. The rate has risen by a quarter of a percentage point, from 0.5% to 0.75% – the highest level since March 2009. While the decision means that the 3.5 million people with variable or tracker mortgages […]

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Are interest rates to blame for real estate market woes?

There is a lot of discussion regarding the implementation of interest rate cap law and how it has affected the economy and the real estate market over the last two years. However, it’s important to understand if (IRC) interest rate cap is the reason behind the industry’s stagnation and bad performance, or if it is […]

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HDB Market To Benefit From New Cooling

While the government’s latest round of property cooling measures may prove to be a bane for en bloc sale aspirants, some developers and home loan providers, some analysts expect the new curbs to benefit the HDB market in the near-term, reported Singapore Business Review. Larger HDB units may witness continued demand from displaced en bloc […]

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Kenya Report: Real estate not out of the woods yet.

Sakina Hassanali,Head of Development Consulting & Research Hass Consult, Hass property price indices for the second quarter of 2018 showing that total returns on property tripled over the quarter buoyed by rental increases in the semi detached market.  IN SUMMARY Despite rising house prices, sector still struggling with financing Even with renewed confidence returning to […]