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 […]
Bank of England says approvals in August were at lowest level since November 2014, but unsecured borrowing continues to rise. The number of mortgages being approved fell in August, figures show, in the latest sign that the housing market has cooled since the Brexit vote. The Bank of England said mortgage approvals, seen by economists […]
What does this chart show? That house prices are still rising, though not as fast as they were. Average house prices in the UK rose 8.3 per cent in the year to July, slipping back from the 9.7 per cent annual figure registered in the year to June. London price growth stayed high at 12.3 […]
London property rents fell for the first time in six years in July, a major U.K. estate agency said on Monday, with landlords opting to rent out rather than sell houses in the wake of the U.K.’s vote to leave the European Union (EU). Rents in the capital city fell by 0.5 percent over the […]
Anthony Corbisiero wanted a quick sale on his studio pied-à-terre in West Chelsea, as he planned to use a portion of the proceeds for his daughter’s looming college expenses. So he and his wife, Julie, who live in Bay Ridge, Brooklyn, were thrilled when three bids emerged within a week. Two were all cash. “The […]
During the Fourteenth session of UNCTAD that took place in Nairobi from July the 17th to July the 22nd , delegations from all over the world came to attend the event as well as to promote business and bilateral relationships with Kenya . One of the most interesting and active delegations was the one from […]
The first real signs of distress in the market for luxury London apartments are starting to emerge, as investors who agreed to buy homes off-plan are starting to sell them on for less than they agreed to pay for them. Property websites are now advertising many unfinished flats being offered for sale by the buyers […]
