Last autumn, Italian house sales increased by nearly 17%, following on from a strong performance in the double digits in the first half of 2016. Summer 2016 saw the highest number of completed house sales for four years, a picture that could be seen across the country, not just in the hot spot Tuscany, which […]
The last few weeks were always going to be a bit of a test of the UK property market in terms of how consumers would react to yet more political upheaval. But research this week from the Mortgage Advice Bureau suggests the UK property market remained steady during May in the lead up to the […]
U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after hitting […]
England’s housing market is broken, the government has admitted, with home ownership a “distant dream” for young families, as it unveiled a white paper promising a fresh wave of home building. The communities secretary, Sajid Javid, told the House of Commons that average house prices had jumped to 7.5 times average incomes and rents in […]
A long slump in Singapore’s retail, residential and office property markets shows no signs of ending soon as declining occupancy weighs on older marquee sites in the regional financial hub and banks and other key tenants shed staff and look at new and often better options. In a report this week, Deutsche Bank noted that […]
INVESTMENT in Scotland’s commercial property market fell 12 per cent last year as the Brexit vote all but ground activity to a halt for a period. The performance, which saw total spent across all sectors fall to £1.78bn having passed £2bn last year, was described as “reasonably resilient” given the context of the decision to […]
On November 9, Donald Trump was elected the 45th president of the United States. His campaign motto, “Make America Great Again”, outlined his isolationist world view, promising Americans that he will minimise all external expenditure, and thus increasing domestic spending. He has said he will change US policy on foreign aid and called on policymakers […]
THE HOUSING market is finally slowing after years of rampant growth and many Britons will give hearty thanks for that. GETTY The housing market is slowing after years after rapid growth The assumption that homeowners automatically celebrate price rises has been blown apart by the crazy growth of recent years, which has made the majority […]
Dubai’s real-estate market will see a “rebalancing” between supply and demand into next year, according to the head of the emirate’s largest developer. The company expects growth next year even amid the correction in the housing market, Emaar Properties PJSC Chairman Mohamed Alabbar said Wednesday at the Bloomberg Markets Most Influential summit in Abu Dhabi. […]
House prices in Saudi Arabia will stutter over the coming year as investors and lenders wait out the effects of economic uncertainty and new government reforms on the kingdom’s residential property market. Analysts at the Jeddah asset management and investment firm Alkhabeer Capital said that in the near term rental demand would increase “as home […]
