The Greek housing market will recover at a slower pace than the Greek economy unless measures to boost demand and reduce oversupply are taken 2016 The Greek housing market collapsed from 2009 onwards, mainly driven by the drop of GDP per capita, the shrinkage of residential lending and the rise in taxation, dragging investments and […]
Australia’s ‘spring-selling’ real estate season is seeing a defiant return of Chinese buyers, undaunted by lending restrictions aimed at curbing their interest in the country’s sky-rocketing housing market. Financiers and estate agents say Asian investors have found new avenues to re-enter the market, including targeting cheaper homes and settling in cash. Others are turning to […]
Two months ago, Pierre E. Debbas, a partner at the boutique law firm Romer Debbas, was representing a couple buying a Manhattancondominium who wanted the option to back out of the deal if Donald J. Trump won the election. After Mr. Debbas explained that no seller would agree to such a contingency, they signed the […]
Cheap mortgages were never going to last forever, but few expected this. A spike in Treasury yields since last week’s election has had a rapid impact on home lending rates. The average 30-year fixed-mortgage rate was 4.02% on Tuesday, up nearly half a percentage point since the election, according to Mortgage News Daily. That marks the fastest […]
DONALD Trump’s victory as the President-elect of the United States will drive more foreign investors to the safehaven of the Australian property market. REA Group chief economist Nerida Conisbee said the uncertainty that came with the Trump victory meant people were likely to look to markets such as Australia. “Australia will be a beneficiary of […]
