At the start of 2016, the financial markets went into a frenzy when China’s Shanghai Stock Index plunged 7% in one day. The stock markets in Europe, Asia and the United States quickly followed suit with steep declines. In the following days, while traders focused on China’s financial markets, economists were looking at the […]
SINGAPORE (BLOOMBERG) – Singapore’s office landlords are among the world’s most luckless right now, and they have builders to blame. The market already has an empty feel to it, and as developers add more space in a slowing economy, property owners’ misery could keep compounding. Over the past year, the city’s three big office real […]
Property prices in the Pilbara town of Karratha have halved to their lowest level in 11 years as the mining town suffers a double blow from falling iron ore and oil prices. Desperate sellers are slashing asking prices by more than $100,000 and some homeowners have been left nursing losses of nearly $300,000 on properties […]
Expectations around rising Auckland house prices have plummeted due to new housing measures introduced last year, ASB says. The rest of New Zealand has also experienced a decline in net price rise expectations, surprising the bank’s economists, especially with interest rates so low. ASB’s housing confidence survey for the three months to January shows 54 per […]
Over the last years, a new vehicle promising to give investors a nice ride became very popular, it is the real estate investment trust, or REIT (pronounced “reet”). REITs are a bit different than the traditional real estate investments. Investing in REITs would require us to cover REIT basics. We shall focus on their characteristics […]
Dubai’s residential property market is showing signs of plateauing after about 18 months of price decline. New figures from the consultancy ValuStrat show that there was “no significant change” in values of apartments and villas in the 26 areas that it monitored in December. It said that its ValuStrat Price Index remained constant at 97.9 […]
Global risks don’t know borders – a message the Global Risks Report series has highlighted since its inception in 2005. However, the impact that global risks have on different stakeholders is still far from understood. The Global Risks Report 2016, therefore, dedicates a section of its 11th edition to the analysis of theglobal risks of […]
Housing in Australia has been categorised as “severely unaffordable” compared with metropolitan markets around the world, a comprehensive survey has found. Of 10 major metropolitan markets assessed in the housing affordability survey, Hong Kong had the least affordable housing for the sixth year in a row, followed by Sydney. Sydney replaced Vancouver as the second […]
We are at the beginning of 2016 and everybody is wondering how this year is going to be, since 2015 was full of surprises and had plenty of bad news. This year, few are willing to forecast anything beyond a market correction, yet there is little sign of positive evidence for a rebound according […]
Housing experts predict U.S. home value growth around 3.5 percent this year. But which markets are leading the charge? To determine the hottest real estate markets for 2016, we looked at the Zillow Home Value Index (ZHVI) Forecast, recent income growth and current unemployment rates. These variables were scaled and combined equally to form a […]
