But there’s also concern that the market could overheat in big cities. China’s home prices rose at their fastest clip in almost two years in February, thanks to red-hot demand in big cities. Average new home prices in 70 major cities climbed 3.6% in February from a year ago, quickening from January’s 2.5% rise, according […]
Residential real estate prices in Dubai may have started bottoming out in certain areas, a new report has found. The monthly ValuStrat price index for Dubai’s residential market found that – on average – there were minute indications of an early recovery in some areas in February. Compared to a 100 point base in January […]
A new report into the 2015 global luxury real estate market ranks Vancouver as the top performing city worldwide. In a top 100 list that includes Shanghai, San Francisco and Monaco, Vancouver is the clear leader, with prices accelerating 24.5 per cent last year. Sydney, ranked second, grew just 14.8 per cent in the same […]
Dubai’s residential real estate market, which has seen price declines for the past year, is likely to witness a rebound in 2017, according to a new report. KPMG’s review of Dubai’s property market predicted that while 2016 may be a “challenging year” due to a number of internal and external factors, the market should see […]
The U.K. housing market is being pulled in different directions as buyers try to beat a looming tax increase and uncertainty over the country’s referendum on European Union membership weighs on sentiment. Nationally, house prices rose 0.8 percent in February, according to LSL and Acadata, with demand from landlords and second-home buyers helping to boost […]
SINGAPORE—Chinese property developers have become a familiar sight at construction sites in both the world’s wealthiest and least-developed cities, from New York to Nairobi, Kenya. Now, as growth continues to slow at home, they are becoming ever more ambitious, with plans to build not just skyscrapers and roads but entire cities from scratch. Some of the most […]
A new report on the housing affordability crisis in Sydney and Melbourne calls for the Federal Government to urgently rethink its support of negative gearing. The report, Sydney and Melbourne’s Housing Affordability Crisis – No End in Sight, was written by Dr Bob Birrell and David McCloskey from Monash University’s Centre for Population and Urban […]
It seems that the Real Estate Market’s dominance of the Kenyan economy is coming to an end. Unless big changes happen very soon, the property sector cannot sustain its status and definitely cannot continue growing. Kenya’s real estate market has gained fame within the last few years. Most Kenyans believe that “You cannot go wrong […]
Innovation in housing finance –in terms of products, players, and approaches, not to mention target markets – is a key feature across the continent, creating new opportunities for investment and delivery. As both local and international investors chase growth opportunities in a sluggish global economy, they are employing diversification strategies to manage the risks of […]
The housing market faces a tougher summer after the stampede of investors looking to beat the Chancellor’s April stamp duty hike on buy to let homes fades away, Nationwide has predicted. The lender, whose index saw house price growth unchanged at 0.3% last month, noted the surge in mortgage approvals to almost 75,000 in January […]
