Read more

Tight supply, rising prices weigh on US home sales

U.S. home sales unexpectedly fell for a second straight month in January. Existing home sales last month were weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market. U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than […]

Read more

Sky-high Hong Kong: can anything stop the boom in property prices?

Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey reviewed nine leading global housing markets including the US, China, Singapore, UK and Japan). The […]

Read more

Kenya’s Agenda in Developing the Blue Economy

  The blue economy aims to move beyond business as usual and to consider economic development and ocean health as compatible propositions. Blue economy is ideal for a long-term strategy aimed at supporting sustainable and equitable economic growth through oceans-related sectors and activities such as tourism, fisheries, renewable energy, and maritime transport.   The blue […]

Read more

10 states predicted to have strong housing markets in 2018

The housing market in the U.S. has experienced a major uptick over the past two years. In 2016, existing home sales were the strongest they’ve been since 2006. More than a decade after the worst housing crisis in U.S. history, it seems we’re finally in a sustainable recovery period. As we enter 2018, the housing market […]

Read more

Slow start to housing market for 2018

Sydney’s continuing home price slide kept capital city values largely flat last week, while auction activity has increased. The number of home auctions rose to 779 in the week to February 4 – almost triple the number of a week earlier – but that was down on the 881 in the same period a year […]

Read more

Property sales in London fall 20% in four years

Analysis shows capital ‘unaffordable’ for all but most ‘equity-rich’ home buyers The number of homes changing hands in London has dropped by one-fifth in four years, while homebuying activity in the Midlands and the north of England has picked up the pace, underlining problems of affordability in the capital and changing patterns of regional housing […]