Spain suffered a seismic shock in October last year when Catalans voted for independence. Much like Brexit, it was a bitter and divisive referendum, with added violence on the streets. The repercussions were swift. Madrid, which had declared the referendum illegal, dismissed the Catalan government and imposed central rule. “The real-estate consequences were immediate,” said […]
LONDON: It has been almost half a decade since Dubai was awash with exuberance following its Expo 2020 bid win. The property pundits of the day predicted vast transformative effects for the emirate such as vertiginous property value hikes, sold-out hotels and a booming jobs market. But that was before the decline of oil prices, […]
Monaco reigns as the most expensive market in the world, according to a report from real estate brokerage Knight Frank. Hong Kong and New York took second and third, respectively. If you’re looking for a bargain in luxury real estate, check out Sao Paulo or Cape Town, South Africa. Robert Frank | @robtfrank for […]
Photo: AFP The Paris property market is the second most attractive in Europe for property investment among the super rich, a new study reveals. The study, carried out by estate agency Knight Frank, looked at the most attractive cities around the world for real estate investment among ultra high-net-worth individuals (those with a household wealth […]
The Greek property market showed the first signs of recovery in the last quarter of 2017, moving up the charts of countries surveyed by the Global Property Guide and Knight Frank. According to the Global Property Guide’s annual price index, Greece now ranks 39th among 45 countries surveyed, while at the height of the economic […]
OLIVIA CAISLEY Reporter Sydney @livcaisley The housing market has slumped again with preliminary figures suggesting a soft start to March. While the previous auction results in late February had been hailed a “super Saturday”, AMP Capital Chief economist Shane Oliver said that spike in auction clearance rates was just a “temporary boost”. At the weekend […]
BEIJING (Reuters) – China aims to pursue “stable and healthy development” of the property market in 2018 with an increased focus on providing affordable housing and developing the rental market, Premier Li Keqiang said in a government work report released on Monday. “China will maintain the position that homes are for living in, not for […]
