The Spinningfields development in Manchester. Amount spent on deals drops to £9.1bn in the second quarter The London office market is suffering from Brexit uncertainty but data shows the impact is more widespread in London . Investment in UK commercial property slumped by a third in the second quarter of the year as buyers held […]
Homebuyers in Hong Kong are looking at Malaysian property as second homes and for retirement, with Kuala Lumpur, Penang and Johor Bahru garnering a lot of interest because of affordable prices amid a supply glut. Terence Law, senior principal project director at Centaline Property Agency, said that more than half of the 21 units released […]
Average UK house prices have flatlined for eight straight months as a declining property market in London drags on growth, official data shows. The average selling price across the UK rose 1.4 per cent to £229,000 in the year to April, down from 1.6 per cent in the previous month. In the capital, prices fell 1.2 per […]
BUYERS were tempted back to the market in London in May, according to latest research by the Royal Institution of Chartered Surveyors (RICS), although the South East continued to see prices tumble. The latest survey of RICS members across the UK also reveals that while the overall market outlook for the near term is still […]
New York City is the biggest city in the US, and it has an equally massive housing market. The average rent in Manhattan is more than $3,000, and prices in the other boroughs aren’t far behind. Here are nine surprising facts about New York housing that will make you glad you live somewhere else. Visit Business Insider’s homepage […]
The program is expected to help in absorbing the supply scheduled to come to the market According to Property Finder, the current short-term visas linked to employment hold back expats from investing and owning real estate in the UAE, with many opting instead to remit their savings back to their home countries. The UAE’s decision […]
UTSUNOMIYA, Japan — The decline seemed unstoppable: Land prices in the city of Utsunomiya fell every single year from 1993 to 2016, dropping more than 70% over that span. Yet, since 2017, prices in the community 100 km north of Tokyo have been rising, albeit at an annual pace of less than 1%. Utsunomiya is […]
A few days ago, the Kenya Bankers Association, released the latest House Price Index (HPI) of the 1st Q of 2019. This report marks clearly the declining trend that the housing market has been experiencing over the last two years in the most incontrovertible and uncontested way, a negative growth of 2.78% marking the weakness of […]
President Uhuru Kenyatta arrives at a Nairobi hotel for the official launch of the Kenya Mortgage Refinance Company on Wednesday, May 22, 2019. Image: PSCU President Uhuru Kenyatta has launched the Kenya Mortgage Refinance Company in partnership between the government and the private sector. The initiative is aimed at reaching the goal of adequate, safe and […]
Real estate markets in Asia-Pacific grew at a record-breaking pace in the first quarter of this year — thanks in part to China and despite a global decline, according to real estate consultancy JLL. The region recorded a new first-quarter high of $45 billion in real estate transaction volumes, according the company’s Global Capital Flows report for the first quarter of […]
