Short-term jitters aside, a combination of economic fundamentals and political imperatives is likely to sustain values in Britain’s housing market over the long term. I spent the weekend after Brexit in London commiserating with some friends who had been in the midst of selling their home in Vauxhall to upgrade to a bigger place. They […]
Mark Boud, senior vice president of Metrostudy, discusses potential long-term implications of Brexit on U.S. housing. On June 23, 2016, the British voted by a slim margin to withdraw from the European Union (EU). Those voting to exit the EU cited negative pressures felt regarding immigration and sovereignty. Those wanting to remain in the […]
Canadian Finance Minister Bill Morneau said on Wednesday that the country’s expensive housing market is a “very real issue” and the government was “looking at all evidence” as it considers whether it needs to move again to tighten mortgage regulations. Noting that the Vancouver market was “very strong” and the Toronto market was “strong … […]
Uncertainty over the EU referendum has driven the biggest fall in the number of people trying to buy a property since the financial crisis and deterred sellers from putting their homes on the market, according to the latest report from surveyors. The fall in buyer inquiries is expected to lead to a drop in […]
Just a few days ago, the Kenya Bankers Association released the House Price Index for the first quarter of 2016. The 1.4 % increase of the index presented reflected an uptick in house prices during the first quarter of 2016, with the movement representing a not very promising future for the country’s most popular sector […]
Brigitte Blackman, a real estate agent in inner Sydney, says her property listings have slumped 20 per cent from a September peak, and the phones at her Potts Point office are no longer ringing off the hook. As Australia barrels towards an election on July 2, political uncertainty is weighing on the nation’s $6.4 trillion […]
The rush to buy second homes before the April 1 stamp duty deadline triggered a 24pc spike in the sale of prime country houses in the first three months of the year. Estate agency Knight Frank, which carried out the research, said that this activity was concentrated in houses worth less than £1m, which […]
*Every market goes through all the four phases. The only element that varies between markets is the time each phase takes. Still, it is just a matter of time before the next recovery or boom. Timing is everything. GRAPHIC | NATION ** By KOSTA KIOLEOGLOU Over the years, real estate has come to be been […]
A new report into the 2015 global luxury real estate market ranks Vancouver as the top performing city worldwide. In a top 100 list that includes Shanghai, San Francisco and Monaco, Vancouver is the clear leader, with prices accelerating 24.5 per cent last year. Sydney, ranked second, grew just 14.8 per cent in the same […]
Dubai’s residential real estate market, which has seen price declines for the past year, is likely to witness a rebound in 2017, according to a new report. KPMG’s review of Dubai’s property market predicted that while 2016 may be a “challenging year” due to a number of internal and external factors, the market should see […]
