As demand picks up, so will productivity; and boosting bank lending is the best policy to stimulate demand in the housing sector hit hard by the recession in the past couple of years — that was an argument raised by Iran’s Ministry of Roads and Urban Development 18 months ago when it proposed a […]
Housing supply is tight in most cities across the United States, but that does not mean that every market is a seller’s market. Today’s homebuyers are a finicky lot and a mortgage-dependent lot and a confidence-lacking lot; they may want to buy a house, but they’re not as willing to be as “house poor” as […]
Major Dubai real estate developers are planning projects that include affordable housing units Dubai-based real estate developer MAG has announced a project of over 1,000 residential units in the Dubai World Central area near Al Maktoum International Airport. MAG 5 Boulevard is a joint venture with MBM Holding and will include studios starting from 449,000 […]
“Graham Beale, chief executive of Nationwide, expects the housing market to strengthen in 2015. Photograph: Kirsty Wigglesworth/AP” Nationwide, Britain’s largest building society and its second biggest provider of mortgages, expects the UK’s housing market to be stronger this year as long as concerns over an exit from the European Union don’t impact sentiment. The society […]
Real estate junkies looking for what’s hot in Germany are increasingly eyeing a city in the east that’s become one of the main successes of reunification: Dresden. “Munich is too expensive, Hamburg is too expensive, Berlin is getting too expensive, so investors are looking for the next best thing, and that’s Dresden,” said Ronald Fiedler, […]
Property prices increased by 9.6 per cent in the year to March 2015, up from 7.4 per cent recorded the previous month, official figures show. It is the first time annual growth figure has risen since last summer. From September 2014 onwards, yearly house price inflation has slowly dropped in each consecutive month, from a […]
Plummeting house prices in Western Australia serve as a lesson to all would-be property investors. Western Australia is facing serious problems. Plunging commodity prices are forcing iron ore mines to shut, mining companies to cut jobs, and tax revenue for the state coffers to plummet. But one of the big casualties in this painful process that hasn’t received […]
UK house prices accelerated with a 9.6% increase in the year to the end of March, according to official figures. A lack of homes on the market is thought to be behind the rise at a time when activity was expected to have been curtailed by the election campaign. The annual rate of increase accelerated […]
The Reserve Bank has stepped up its language on the risks posed by rising property prices, but still insists there is scope for another interest rate cut. This morning the RBA released the minutes from its board meeting earlier this month, where the official interest rate was cut to a historic low of 2 per […]
The election-driven price stall in May gives buyers only temporary relief from the competition for properties that is generally driving prices ever upwards… There was an unseasonal fall in the asking prices of homes coming on to the market in May, but the surprise outright election win for the Conservatives could remove the brakes […]
