Read more

Confidence and activity in the housing market at lowest level since the referendum

Housing market activity and confidence are now lower than at any point since the referendum to leave the European Union, according to the Royal Institution of Chartered Surveyors. Its monthly residential market survey found that demand from new buyers and agreed sales had fallen again, partly due to a new caution over a potential interest rate rise and a slowing […]

Read more

Sydney property drops after 17-month climb but Melbourne rises

   An auction sign outside a house in Sydney, which had a 0.1% decline in real estate prices in September. Photograph: Bloomberg via Getty ImagesHousing market figures varied as Hobart and Melbourne continue record streaks while Sydney falls 0.1%Sydney’s housing market is finally showing signs of slowing, with new data revealing prices have dropped for […]

Read more

Italy’s Property Market hotting up for 2017

Last autumn, Italian house sales increased by nearly 17%, following on from a strong performance in the double digits in the first half of 2016. Summer 2016 saw the highest number of completed house sales for four years, a picture that could be seen across the country, not just in the hot spot Tuscany, which […]

Read more

Can the rental market deflate China’s housing bubble?

Apartment blocks in Beijing © Reuters New policies should reduce imperative of homeownership Chinese home prices have climbed so much and so fast that cities like Beijing and Shanghai now rank among the world’s least affordable property markets. The high cost of living has reduced the competitiveness of local economies by making it difficult for young […]

Nairobi built shiny new business districts but not enough tenants have shown up Read more

Nairobi built shiny new business districts but not enough tenants have shown up

The Upper Hill neighborhood in Kenya’s capital Nairobi is set to transform into an upmarket, regional financial hub. Once a residential district, it is now the headquarters of banks, insurance companies, embassies, government ministries thanks to millions of dollars spent on redevelopment. It is also home to The Pinnacle: a 70-story, 300-meter (984 feet) twin […]

Read more

Homebuilders Soar as U.K.’s May Stokes Slowing Property Market

Homebuilders soared in London trading after the U.K. government said it would extendthe Help to Buy program, under which the government lends buyers up to 40 percent of the cost of a new home. The Conservatives, under pressure to increase homebuilding, will set aside 10 billion pounds ($13.3 billion) to help people buy properties, stimulating the […]