Many new condo developments that launched sales over the past few years will begin to see closings, new rental buildings will continue to hit the market in both Brooklyn and Manhattan, and progress in their lease-ups, and a shifting macro-economic climate — from interest rate hikes to stock market jitters — will have an effect […]
Average Dubai property prices fell by 11 percent last year while average rental rates saw only a slight dip of 1 percent, according to a new analysis. Real estate consultancy Asteco’s latest market report for the emirate said residential sales registered across-the-board declines, with villa prices down 11 percent year-on-year and apartment prices down 8 […]
House price growth has hit a 17 month-high, as the supply of new properties being put up for sale tightens. UK house prices rose 9.7pc in the year to January, up from 9.5pc a month earlier, according to the Halifax. This is the biggest jump since in July 2014, when prices rose by more than […]
According to PwC’s Emerging Trends in Real Estate report for Europe in 2016, the five leading cities for investment prospects in 2016 are Berlin at No 1, followed by Hamburg, Dublin, Madrid and Copenhagen. The German capital is being tipped for this year “based on its young population and its growing reputation as a technology […]
Knight Frank has joined property players reporting stagnation of rents in top market segments.The Knight Frank Prime Global Rental Index shows rent for Nairobi’s high-end property market did not increase between March and September of 2015 as a result of increased supply. “The high-end rental market was relatively slow in the period due to a […]
As if nosediving sales tax revenues and a looming budget deficit were not enough, a swathe of successful lawsuits from business owners protesting their property values have handed Houston City Council another fiscal headache. Mayor Sylvester Turner lamented what his finance director projects as a $16 million drop in property tax collections during the current […]
For many people, buy-to-let looks an attractive income investment but if you are considering investing in property – or improving your returns on a buy-to-let that you already own – it’s important to do things right. People buy property for different reasons. Those who want to create a steady income and build wealth are focused […]
Property prices in Greece may have plunged in recent years, but a comparison with other crisis-riven countries in the eurozone suggests that the market has some distance to slide yet before it bottoms out. Data from the World Bank, the International Monetary Fund and the SNL Financial property service company show that compared to other […]
Investment in Manchester commercial property hit a total of £1.2bn in 2015, a three per cent increase on the £992m recorded in 2014. According to the latest research from CoStar Group, the leading commercial property information provider a total £67.5 bn was invested in UK commercial real estate in 2015 making it the second strongest […]
Foreign buyers are not yet returning to the French property market with the latest figures from Notaires showing that numbers have dropped almost threefold in the last decade. Overseas buyers made up just 1% of property sales in 2015 compared to the peak of 2.8% in 2006, just before the global economic crisis. This number […]
