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Israel:Kahlon announces plan to lower housing prices

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 […]

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Christie’s :Top 10 luxury real estate markets in the world

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 […]

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US:Are you in a buyer’s or seller’s housing market?

Housing supply is tight in most cities across the United States, but that does not mean that every market is a seller’s market. Today’s homebuyers are a finicky lot and a mortgage-dependent lot and a confidence-lacking lot; they may want to buy a house, but they’re not as willing to be as “house poor” as […]

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Dubai: Developers Take on Affordable Housing

Major Dubai real estate developers are planning projects that include affordable housing units Dubai-based real estate developer MAG has announced a project of over 1,000 residential units in the Dubai World Central area near Al Maktoum International Airport. MAG 5 Boulevard is a joint venture with MBM Holding and will include studios starting from 449,000 […]

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UK:Nationwide bullish about housing market

“Graham Beale, chief executive of Nationwide, expects the housing market to strengthen in 2015. Photograph: Kirsty Wigglesworth/AP” Nationwide, Britain’s largest building society and its second biggest provider of mortgages, expects the UK’s housing market to be stronger this year as long as concerns over an exit from the European Union don’t impact sentiment. The society […]

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UK: House price rises accelerate, says ONS

UK house prices accelerated with a 9.6% increase in the year to the end of March, according to official figures. A lack of homes on the market is thought to be behind the rise at a time when activity was expected to have been curtailed by the election campaign. The annual rate of increase accelerated […]