February CSO figures show residential prices down 0.4% nationally, 0.7% in Dublin Residential property prices fell by 0.4 per cent nationally last month, with the decline in Dublin rising to 0.7 per cent, according to the latest official figures.The Central Statistics Office (CSO) results show more than 2 per cent has been wiped off the […]
Slumping oil and improving U.S. economy could boost housing markets across much of province, economist predicts. Toronto’s record house prices could soar a further 17 per cent by the end of 2017 as the lack of supply in the face of unrelenting demand continues to drive prices far beyond the rate of inflation, says the […]
The Reserve Bank has issued a fresh warning about the rising risk of a significant fall in house prices if “speculative demand” fueled by cheap credit continues to drive the property market. With investor buyers powering a house price boom in NSW especially, the central bank on Wednesday said the risks in residential and commercial […]
International property group Savills has reported record results following a wave of recovery that has boosted some of the world’s major and emerging real estate markets, but warned of a “hiatus” in the UK housing sector ahead of May’s election. Savills’ management team led by Jeremy Helsby, said the company had broken through the £1bn […]
The Royal Institution of Chartered Surveyors is continuing with its expansion in Africa which will result in more property sectors attaining international standards. In November 2013 RICS committed to expanding in three key countries in Sub-Saharan Africa: Ghana, Kenya and South Africa. It is also creating regional RICS hubs in east, west and South Africa. […]
The Reserve Bank of Australia is likely to keep cutting interest rates as the need to support the economy leaves policy makers willing to stoke a housing boom, according to Goldman Sachs Asset Management. With debt yielding little or nothing after consumer price gains, investors will increasingly look to other asset classes such as property […]
If you want to get a Londoner talking, talk to them about their housing. From sky-rocketing prices, to shortages in the affordable housing supply, to renters’ rights, it is a topic that fires debate like few other. With less than three months to go before the general election, it is also an area where the […]
An analysis of the German housing market based on purchasing power shows a sharp slowdown in price rises in wealthy, mid-sized cities in 2014, Fitch Ratings says. This follows the moderation in prices already seen for large, wealthy cities since 2011 and may reflect affordability pressure. This is in line with our view that the […]
MUMBAI — India’s property developers are facing the heat. Their debts are high, and they are offering discounts, free parking spots and gifts like gold coins and iPhones to sell apartments says a Reuters report. Normally, such a market should mean buying a house is easier than before, as property rates plunge with excess supply. […]
Chinese billionaire Guo Guangchang’s Fosun International Ltd. is weighing a bid for commercial property broker Cushman & Wakefield Inc., people with knowledge of the matter said. The Shanghai-based investment firm is among several companies that have expressed interest in Cushman, whose owners are seeking about $2 billion, according to the people. The process is at […]
