“Buy land. They’re not making it anymore.” Private investors who heeded the words of American author Mark Twain over the past decade will have profited happily. Land has always been one of the most secure investments. Land is a tangible low risk (when properly managed) asset class and has been producing wealth for landowners over […]
Residential price fall in Dubai continues to significantly outpace rental value declines, but growing yields make the market an attractive income generating opportunity. Dubai has seen its residential prices plunging around 12.2 per cent over 12 months to June while decline of mainstream rental rates has been cooling down over the same period at a […]
Real estate buyers in Toronto appear to be treading more cautiously into the fall market – especially compared with the excessive bidding that took place in the city last spring. Chander Chaddah, a real estate agent with Sutton Group-Associates Brokerage Inc., listed two houses recently; one sold on offer night and the other didn’t. The […]
House building continues to show some modest signs of improvement. House guarantee registrations, which tend to reflect developer activity, remain on an upward trend, increasing by 89% in the year to July compared to a year earlier. However, this is off a very low base and they remain at very weak levels in absolute terms. […]
Housing demand to gather pace over next seven years and beyond: Knight Frank Prime properties in Dubai are offering rental yields of over 7 per cent, bringing the emirate among cities that offering high income generating assets for investors, according to Knight Frank. “With price falls continuing to outpace rental value declines, initial yields are […]
The U.S. has been named the hottest market for global residential property in a survey of 14 countries by real estate advisors Savills. The researchers analyzed economic and demographic trends to forecast how much prices in popular cities will rise over the next five years. 1. United States The U.S. housing market has enjoyed three […]
Dubai house prices fell in the two months to the end of August as the city’s property correction continued. According to new figures from broker CBRE, average house prices in Dubai dropped by another 2 per cent during the period, equating to a 6 per cent fall compared with the same period a year earlier. […]
The scale of Chinese investment in the Australian residential property market continues to polarise public opinion. Chinese buyers are often blamed for driving up house prices in Australia and causing the current affordability crisis. However, Chinese offshore purchases are surprisingly low. Based on Foreign Investment Review Board (FIRB) approval figures, ABS data, and our own […]
Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity price volatility and declines are currently chronicled ad-nausea by the press without seeing the dramatic upswing of international property price falls. What is alarming is the pace of price declines. Even countries […]
Almost four in five Europeans (79%) thinks it is increasingly difficult to enter the housing market as a first-time buyer, a survey by ING showed. Luxembourg tops the list, with 94% of people saying first-time buyers face growing challenges, while the UK comes in second, with 89% expressing concerns. Ian Bright, senior economist at ING, […]
