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Australia:Housing ‘severely unaffordable’ as Sydney price to income ratio worsens.

Housing in Australia has been categorised as “severely unaffordable” compared with metropolitan markets around the world, a comprehensive survey has found. Of 10 major metropolitan markets assessed in the housing affordability survey, Hong Kong had the least affordable housing for the sixth year in a row, followed by Sydney. Sydney replaced Vancouver as the second […]

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US: Hottest Housing Markets for 2016

Housing experts predict U.S. home value growth around 3.5 percent this year. But which markets are leading the charge? To determine the hottest real estate markets for 2016, we looked at the Zillow Home Value Index (ZHVI) Forecast, recent income growth and current unemployment rates. These variables were scaled and combined equally to form a […]

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Canada: Vancouver ranks third most unaffordable housing market in world, worse than New York and London

Vancouver may have just add another notch to its reputation for being pricey. According to U.S. group Demographia, Vancouver is the third-least affordable city in the world for a home, and construction constraints are to blame for rising home prices there and in other Canadian cities. Wendell Cox, the principal owner at Demographia, which looked […]

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Canadian real estate market outlook 2016

If you could rewind 365 days to January 2015, would you short the Canadian real estate market? Given the predictions back then—of an imminent bubble burst and a housing market crash—hedging on real estate losses would’ve been a smart, speculative position. Of course,  any active investors who did bet against the real estate market wouldn’t […]

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UK housing market had strong December

Latest figures show mortgage lending was up 23% compared with December 2014, with demand for property higher than expected in runup to Christmas. Mortgage lending fell in December, but was 23% higher than a year earlier, capping a busy six months in the housing market. Figures from the Council of Mortgage Lending (CML) show the […]

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NAR Forecasts Modest Increases of U.S. Home Sales in 2016

According to National Association of Realtors Chief Economist Lawrence Yun, 2016 is going to continue to be a year of further expansion of U.S. housing activity, but at a slower pace. Yun states that following the U.S. housing market’s best year in nearly a decade, existing-home sales are forecasted to expand in 2016 at a […]

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The 9 worst housing markets in the world

Property prices around the world continue to surge. But there are some ugly spots, too. Perhaps the most obvious example is the Chinese housing market, but other once-glitzy regions are seeing downturns as well. The Global Property Guide compiled and analyzed the property-price performance of the world’s big economies. We’ve put together a list of the nine worst markets […]