Brisbane is set to buck a national trend and become the only Australian capital to escape declining median house prices in real terms over the next three years. But a BIS Shrapnel housing market outlook also warned of an impending oversupply of inner city apartments. The Residential Property Prospects 2015 to 2018 puts Brisbane’s estimated […]
The Emirate’s real estate market is forecast to see a 10 to 20% correction in prices this year, the report stated Dubai’s residential property market will see a double-digit correction in prices this year following 3 years of sharp appreciation, a new report by S&P found. The report estimates a “moderate” 10 to 20% decline […]
SYDNEY, June 28 (Reuters) – Outlandish property prices make daily headlines in Sydney – a peeling 1900s three-bed with no kitchen sink for A$2.6 million ($2 million), a parking space in Kirribili for A$120,000 – and first-time buyers have little prospect of relief. Home price growth in the harbour city is well into the double […]
Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little bit scary. In the end, your aim is to end up with a home you love at a price you can afford. Sounds simple enough, right? Unfortunately, many people make mistakes the prevent them from achieving […]
During the last decades, markets around the world have been trying alternative ways to finance projects. In the construction industry, there have been several options in order to raise the capital required or to finance a project. Bank Loans, equity funds, are some of the most popular amongst others. The option though that most developers […]
UK rental costs are the highest in Europe but homeowners are benefiting from cheap mortgages, data suggests. Tenants typically spend 39.1% of their income on rent compared with a European average of 28%, figures from the National Housing Federation suggest. The federation, which represents housing associations, also said that renters were less secure in their […]
Faced with predictions that Dubai home prices may drop as much as 20 percent this year, analysts say the emirate’s real estate developers and lenders are better prepared than when a crash in 2008 brought the city to the brink of bankruptcy. Standard & Poor’s this week estimated that values may fall by as much […]
Mortgage approvals continued their inexorable rise last month, figures published this morning showed, suggesting growth in UK house prices is unlikely to abate anytime soon. The figures, from the British Bankers’ Association, showed mortgage approvals for house purchases rose to 42,530 last month, up from 42,020 in April – and way up on a 20-month […]
California housing market slows considerably .Non-distressed sales drop for the first time since 2005 California’s massive housing market is slowing down in almost every way imaginable, according to the latest California Real Property Report from PropertyRadar. California single-family home and condominium sales dropped 3.5% to 36,912 in May from 38,249 in April. However, the report […]
VANCOUVER — Large Wall Street investors who made billions when the U.S. housing market collapsed in 2008 are now betting real estate values in Vancouver and other Canadian cities will crash, financial insiders say. The hedge fund investors, known as short sellers, are betting against what they believe is a housing bubble in Vancouver, Toronto, Calgary […]
