It seems that the Real Estate Market’s dominance of the Kenyan economy is coming to an end. Unless big changes happen very soon, the property sector cannot sustain its status and definitely cannot continue growing. Kenya’s real estate market has gained fame within the last few years. Most Kenyans believe that “You cannot go wrong […]
Innovation in housing finance –in terms of products, players, and approaches, not to mention target markets – is a key feature across the continent, creating new opportunities for investment and delivery. As both local and international investors chase growth opportunities in a sluggish global economy, they are employing diversification strategies to manage the risks of […]
Property website Rightmove says ‘property rich’ will gain most as sellers in priciest areas see biggest rises as first-time buyer properties fall. Asking prices for homes coming on to the market in England and Wales rose to a new record high in September, as sellers in the priciest areas tried to cash in on demand […]
Kenya’s economy is staring at a major slowdown on the impact of the weakening shilling, economists at Standard Chartered have forecast, citing falling demand among businesses. No new jobs were created in August in the clearest pointer to the dipping confidence on positive outlook. The predictions are informed by slowing momentum as shown by Kenyan […]
This was supposed to be the year when normality returned to the global economic landscape. Growth was looking more established and the legacy of the financial crisis was dimming. The US central bank and the Bank of England looked poised to affirm the recovery by finally starting to raise interest rates after keeping them for […]
The total value of the world’s property markets hit a record high of $US13.6 trillion in 2014, up 4 per cent year on year, as investors poured cash into real estate assets around the world. Buyers spent $US771 billion on real estate deals in 2014, just short of the previous record set before the global […]
As we approach the midpoint of 2015, the residential real estate market is on track for its best year since 2006, the peak of the housing bubble. (This time, though, it’s no bubble.) Job growth is powering the surge in demand for homes. More than 3 million jobs have been created in the past 12 months. […]
London is the most popular of the top 10 luxury real estate markets in the world according to Christie’s International Real Estate report. According to Christie’s International Real Estate: “The world’s top cities experienced an explosion in luxury home sales during 2013, fueled by pent-up demand, increasing consumer confidence and robust stock market returns. In […]
Taiwan’s long-bubbly property prices appear headed for a correction, but it doesn’t look like bargain hunters will fill the breach. “Quite a number of buyers want to sell…(and) speculators have left the market already,” said Cliff So, executive director at REPro Knight Frank, a property agency in Taiwan. It’s quite a shift for what had […]
Chinese UHNWIs are exploring Australian investment opportunities and their investment strategies are far ranging. According to the latest Knight Frank report, Australia has recorded exponential growth in investment over the past few years, culminating in just over $4 billion invested into the country by Chinese investors in 2014, across both commercial and development sites. Knight […]
