Foreign real estate sales in Turkey are set to rise by up to 6% in 2016, a leading property body predicts. In the first 11 months of 2015, 22,830 homes were purchased by foreign buyers according to TurkStat and the Istanbul Constructors Association believes total foreign investments in real estate could hit $5.5billion for 2015. […]
The real estate sector is expected to soar to great heights this year as players aim at providing affordable middle-class accommodation, according to a statement from property portal, Lamudi Uganda. One of the factors that could spur the sector’s fortune this year is the country’s rapid population growth, which has created demand for infrastructure and […]
Property market posts first monthly fall in more than a year, while homeowners refinance. Off-the-plan homes and small properties such as townhouses and apartments are in hot demand across Auckland as entry-level buyers target more affordable options. But latest QV figures show the city’s house values have posted the first month-on-month fall in over a […]
The number of property transactions in the nation has tumbled, rents have been muted and inflation expectations have waned — all of which has prompted a growing number of analysts and economists to turn bearish on property prices, which have been recovering since Prime Minister Shinzo Abe came to power in 2012. Deutsche Bank AG’s […]
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 […]
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 […]
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 […]
The housing market ended 2015 with a bang as property prices rose at the fastest pace since January last year, official figures show. The biggest rises were recorded in commuting towns within reach of London as homebuyers increasingly search for more affordable housing outside the capital, according to the latest figures by the Land of Registry. […]
At the start of 2016, the financial markets went into a frenzy when China’s Shanghai Stock Index plunged 7% in one day. The stock markets in Europe, Asia and the United States quickly followed suit with steep declines. In the following days, while traders focused on China’s financial markets, economists were looking at the […]
Property prices in the Pilbara town of Karratha have halved to their lowest level in 11 years as the mining town suffers a double blow from falling iron ore and oil prices. Desperate sellers are slashing asking prices by more than $100,000 and some homeowners have been left nursing losses of nearly $300,000 on properties […]
