House sellers are refusing to slash their prices as they know that demand for properties is exceeding supply, research shows. New figures show it is once again a seller’s market, with discounts on properties slumping to a five-year low. The price of the average house advertised online last month had only been reduced by 6.05 […]
Homes in pricier cities could be out of reach of more buyers The housing market could be in for a bumpy ride as mortgage rates climb. Home buyers and sellers heading into the busy summer season have been eyeing mortgage rates wondering how long the good times can last. The national housing market has been […]
Households in the UK perceived that the value of their home rose in June and are more confident that they will continue on an upward trend, the latest house price sentiment index shows. Some 23.7% of the 1,500 households surveyed across the UK said that the value of their home had risen over the last […]
The total value of the world’s property markets hit a record high of $US13.6 trillion in 2014, up 4 per cent year on year, as investors poured cash into real estate assets around the world. Buyers spent $US771 billion on real estate deals in 2014, just short of the previous record set before the global […]
The average property on the market this month has a price tag of £294,351, Rightmove has reported. The new high is £8,218 more than a previous record set in April, and a surprise fall in the supply of homes coming on the market in recent weeks has added to the upward pressure on prices, the […]
Finance minister focuses on deregulation, speeding up construction and disincentivizing property investment. Finance Minister Moshe Kahlon on Wednesday announced what he called the first phase in a plan for reducing Israel’s skyrocketing housing prices. He is expected to bring his initial proposals to a vote in the Housing Cabinet on Monday. In a statement, Kahlon […]
London is the most popular of the top 10 luxury real estate markets in the world according to Christie’s International Real Estate report. According to Christie’s International Real Estate: “The world’s top cities experienced an explosion in luxury home sales during 2013, fueled by pent-up demand, increasing consumer confidence and robust stock market returns. In […]
Taylor Scott International is proud to be the main sponsor of the 2015 Kenya Land Investments Expo at the Oshwal Centre in Nairobi Kenya .The expo will take part from July the 3rd to July the 5th 2015 and it is the main event for the Land Investment Industry in Kenya. All of Kenya 47 […]
Dubai: The lack of demand for luxury properties, weakening of oil prices and strengthening of the US dollar are causing house prices in Dubai to fall. Reidin announced on Monday that the residential property sales price index in Dubai fell in April 2015 compared to a year earlier, as asking prices for properties registered a […]
As demand picks up, so will productivity; and boosting bank lending is the best policy to stimulate demand in the housing sector hit hard by the recession in the past couple of years — that was an argument raised by Iran’s Ministry of Roads and Urban Development 18 months ago when it proposed a […]
