Many economists and analysts expect Houston’s housing market, the nation’s hottest in recent years, to slow markedly this year due to depressed oil prices. The thing is, Houston isn’t cooperating so far. Several major home builders reported this week that their sales in Houston ran the gamut in the first quarter, from flat in comparison […]
Dubai’s property market has shown more signs of a first quarter slowdown as new housing comes on stream at a time of slowing sentiment. Average apartment prices fell 2 per cent compared with the previous quarter and villa prices fell 1 per cent during the first three months of the year, the property broker JLL […]
Carpenter Manuel Rubio of Van Dyk Construction works on a new home in the Reunion community of Commerce City in February. While real estate is hot in some areas of Colorado, it has cooled in others. (Craig F. Walker, The Denver Post) Heading into the peak home-selling season, metro Denver’s housing market remains one of […]
Cheap borrowing costs are driving up prices in markets around the world In a survey of housing costs around the world, the Economist magazine says Canada’s housing prices are 35 per cent overvalued when compared to Canadian incomes. Against the level of Canadian rents, housing prices come in 89 per cent overvalued, according to the […]
Global rating agency Fitch today said the likely upturn in the country’s investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. “The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several […]
Chinese efforts to encourage homebuyers appear to be gaining traction, with the nationwide drop in property prices slowing in March, according to data released over the weekend. Average new home prices fell on an annual basis for a seventh consecutive month in March, but the rate of decline slowed from February, as a number of […]
A property website say house prices might be on the march again because people are holding on until after the election. Report: Asking prices are rising because sellers are in the minority A shortage of homes and high demand for properties have combined to drive asking prices to a new record high, according to Rightmove. […]
Investment attracted by the real estate sector from various public and private sources across India have declined by 6 per cent in the last four years, says a survey. The investment fell to Rs 14.3 lakh crore in 2014-15 from a level of Rs 15.2 lakh crore in 2011-12, the survey by Assocham said. Real […]
For home buyers in northern California, speed is the name of the game. Of the top 10 fastest-moving housing markets, 8 are located in California, with San Francisco, San Jose and Oakland taking the top three spots, according to a report from Trulia. At least 70% of homes in these three areas sold in two […]
With mortgage rates back to rock-bottom lows and a larger selection of houses finally available, metro Detroit’s housing market is set to turn a corner this spring and become hotter for buyers and sellers. Buyers should find it easier to get a mortgage, with new low-down-payment programs and fewer paperwork requirements. And unlike the past […]
