The U.K. housing market is being pulled in different directions as buyers try to beat a looming tax increase and uncertainty over the country’s referendum on European Union membership weighs on sentiment. Nationally, house prices rose 0.8 percent in February, according to LSL and Acadata, with demand from landlords and second-home buyers helping to boost […]
SINGAPORE—Chinese property developers have become a familiar sight at construction sites in both the world’s wealthiest and least-developed cities, from New York to Nairobi, Kenya. Now, as growth continues to slow at home, they are becoming ever more ambitious, with plans to build not just skyscrapers and roads but entire cities from scratch. Some of the most […]
A new report on the housing affordability crisis in Sydney and Melbourne calls for the Federal Government to urgently rethink its support of negative gearing. The report, Sydney and Melbourne’s Housing Affordability Crisis – No End in Sight, was written by Dr Bob Birrell and David McCloskey from Monash University’s Centre for Population and Urban […]
No, cooling measures will not be lifted. Property prices will continue to drop while mortgage rates rise this year. Here are five trends that both property buyers and sellers must watch out for as the Year of the Monkey comes rolling in. 1. Cooling measures are here to stay. Although developers have intensified their call for […]
The Bank of Japan’s adoption of negative interest rates two weeks ago hasn’t provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market. With interest rates and bond yields dropping to record lows due to the BOJ’s decision, the Japanese people are starting to […]
Surveyors are witnessing a surge of demand from buy-to-let investors which they expect to push up house prices. Buy-to-let investors face a 3% surcharge on stamp duty from April. The Royal Institution for Chartered Surveyors (Rics) said the number of homes coming onto the market was insufficient to meet demand from landlords aiming to beat […]
Foreign real estate sales in Turkey are set to rise by up to 6% in 2016, a leading property body predicts. In the first 11 months of 2015, 22,830 homes were purchased by foreign buyers according to TurkStat and the Istanbul Constructors Association believes total foreign investments in real estate could hit $5.5billion for 2015. […]
The real estate sector is expected to soar to great heights this year as players aim at providing affordable middle-class accommodation, according to a statement from property portal, Lamudi Uganda. One of the factors that could spur the sector’s fortune this year is the country’s rapid population growth, which has created demand for infrastructure and […]
Property market posts first monthly fall in more than a year, while homeowners refinance. Off-the-plan homes and small properties such as townhouses and apartments are in hot demand across Auckland as entry-level buyers target more affordable options. But latest QV figures show the city’s house values have posted the first month-on-month fall in over a […]
The number of property transactions in the nation has tumbled, rents have been muted and inflation expectations have waned — all of which has prompted a growing number of analysts and economists to turn bearish on property prices, which have been recovering since Prime Minister Shinzo Abe came to power in 2012. Deutsche Bank AG’s […]
