Vancouver may have just add another notch to its reputation for being pricey. According to U.S. group Demographia, Vancouver is the third-least affordable city in the world for a home, and construction constraints are to blame for rising home prices there and in other Canadian cities. Wendell Cox, the principal owner at Demographia, which looked […]
PHOTOSVIT / ShutterstockMiami Look up at the New York City skyline — way up, 100 stories or so — and you can’t help but notice that the changes over the past few years have been remarkable. But they may be coming to a halt. Over the past five years, a luxury housing boom in the city saw […]
If you could rewind 365 days to January 2015, would you short the Canadian real estate market? Given the predictions back then—of an imminent bubble burst and a housing market crash—hedging on real estate losses would’ve been a smart, speculative position. Of course, any active investors who did bet against the real estate market wouldn’t […]
Latest figures show mortgage lending was up 23% compared with December 2014, with demand for property higher than expected in runup to Christmas. Mortgage lending fell in December, but was 23% higher than a year earlier, capping a busy six months in the housing market. Figures from the Council of Mortgage Lending (CML) show the […]
“Investing in Emerging Markets and Kenya’s Real Estate Sector “ During the “2016 Money Show Forum” that was held in Hilton Athens from January 8 to January 10th 2016 the opportunity of investing in emerging markets was presented to the Greek investment community and professionals from mr Kosta Kioleoglou . The Money Show is […]
With the global stock markets currently in uncertain territory, many investors are once again turning toward bricks and mortar as a preferred place to put their money. The chaotic Chinese economy and ever-falling oil prices are two of the main factors making many other types of investment look particularly risky right now. However, the recovery […]
According to National Association of Realtors Chief Economist Lawrence Yun, 2016 is going to continue to be a year of further expansion of U.S. housing activity, but at a slower pace. Yun states that following the U.S. housing market’s best year in nearly a decade, existing-home sales are forecasted to expand in 2016 at a […]
New federal mortgage rules are creating a “policy ceiling” that will curb Toronto’s soaring house prices this year, measures that would be partly offset by another Bank of Canada rate cut, the local real estate board said in a new forecast. Average housing prices in the Greater Toronto Area (GTA) jumped nearly 10 per cent […]
Property prices around the world continue to surge. But there are some ugly spots, too. Perhaps the most obvious example is the Chinese housing market, but other once-glitzy regions are seeing downturns as well. The Global Property Guide compiled and analyzed the property-price performance of the world’s big economies. We’ve put together a list of the nine worst markets […]
Average house now costs £292,000 – and could hit £300,000 this year House prices in England and Wales climbed almost £18,000 last year, according to figures from estate agents Reeds Rain and Your Move. The increase of £17,963, or 6.6 per cent, was the “equivalent of £67.86 a day or £9.17 an hour earned by […]
