Read more

Fall in Chinese home prices moderates in April

The pace of the fall in Chinese property prices moderated in April, supporting growing optimism that the housing downturn may have turned a corner. Prices os new homes across 70 cities in the world’s second largest economy fell 6.1 percent in April from the year-ago period, unchanged from March, according to Reuters’ calculations of data […]

Read more

UK:House prices in London to hit £1m by 2030

Analysts said stronger population growth and higher employment combined with a shortage of housing would drive house prices above £1m by 2030, which is double the current average of £490,000 The average London home will cost more than £1m by 2030, according to new analysis, as strong jobs growth and a chronic housing shortage continues […]

Read more

US:The Housing Market Finally Has Some Traction

The housing comeback from the Great Recession has been long and slow. Now, finally, it looks as if we are finally getting some traction. Mortgage lending is strong, and that’s a good sign for both the economy and the stock market. The banking sector is one immediate beneficiary. There are others, including homeowners, naturally. Banks’ […]

Read more

China: Housing Market Posts First Growth of Year

Housing sales rise in April, only the second year-over-year increase since November 2013  SHANGHAI—China’s housing sales showed signs of a turnaround in April, posting growth of more than 10% after falling in 15 of the previous 16 months, as home buyers waded back into the market following recent policy-easing measures by the central government. While […]

Read more

New Zealand:Reserve Bank gets tough on Auckland housing market – 30% deposit rule for investors

Tough new rules aimed at calming Auckland’s red hot housing market could make it more expensive to rent in the country’s biggest city. In an unprecedented move the Reserve Bank’s imposing tighter lending restrictions on property investors meaning those wanting to buy in Auckland will soon need a bigger deposit. From October, property investors in […]

Read more

UK:Conservative victory reignites London housing market

Overseas investors rushed back to the London housing market on Friday, after the Conservative election victory dispelled the gloom that had hung over them for months. Several estate agents who buy and sell multimillion pound houses reported their phones had begun to ring early on Friday morning with calls from wealthy people around the world […]