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 […]
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 […]
“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 […]
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 […]
The election-driven price stall in May gives buyers only temporary relief from the competition for properties that is generally driving prices ever upwards… There was an unseasonal fall in the asking prices of homes coming on to the market in May, but the surprise outright election win for the Conservatives could remove the brakes […]
The pace of the fall in Chinese property prices moderated in April, supporting growing optimism that the housing downturn may have turned a corner. Prices os new homes across 70 cities in the world’s second largest economy fell 6.1 percent in April from the year-ago period, unchanged from March, according to Reuters’ calculations of data […]
Analysts said stronger population growth and higher employment combined with a shortage of housing would drive house prices above £1m by 2030, which is double the current average of £490,000 The average London home will cost more than £1m by 2030, according to new analysis, as strong jobs growth and a chronic housing shortage continues […]
The housing comeback from the Great Recession has been long and slow. Now, finally, it looks as if we are finally getting some traction. Mortgage lending is strong, and that’s a good sign for both the economy and the stock market. The banking sector is one immediate beneficiary. There are others, including homeowners, naturally. Banks’ […]
Housing sales rise in April, only the second year-over-year increase since November 2013 SHANGHAI—China’s housing sales showed signs of a turnaround in April, posting growth of more than 10% after falling in 15 of the previous 16 months, as home buyers waded back into the market following recent policy-easing measures by the central government. While […]
Colliers International predicted that hotel supply will increase by 17% during the coming short- to medium-term period, between 2015 and 2019. The company said in its latest report that the rooms’ supply will jump by 9,862 rooms across 30 properties. Hilton Worldwide, which has nine properties and approximately 2,906 rooms, will seek to increase […]
