After two years of slim pickings for Southern California home buyers, the supply of houses for sale may be starting to open up, at least a bit. And that could power the region’s housing market to a stronger spring. Market watchers and real estate agents say they’re starting to see more sellers as prices remain […]
Demand uneven in housing market amid harsh winter weather. WASHINGTON—Builders pulled back on new-home construction in February, a sign of uneven demand in the housing market amid harsh winter weather. U.S. housing starts plunged 17% from a month earlier to a seasonally adjusted annual rate of 897,000 in February, the Commerce Department said Tuesday. Starts […]
Asia topped the list for the fastest growth of ultra-high-net-worth individuals in 2014, reports the Chinese-language Beijing Times.The continent’s emergence has spurred demand for luxury properties in Asia and Australia, according to a report jointly compiled by Knight Frank, an international real estate consultancy, and BOC International, the international arm of Bank of China. Asia […]
Asking prices for homes coming on to the market in England and Wales rose by 1% in the month to mid-March and the average has almost recovered to the all-time high reach last summer, according to the latest figures from property listings website Rightmove. The site said there had been a 3.2% increase in the […]
South Korean builders, the nation’s worst-performing stocks in the past five years, are the biggest gainers in 2015 as the government kindles a housing boom. The Kospi Construction Index has risen 22 percent this year through last week, the most among the 29 industry groups on the benchmark Kospi, which has trailed with a 4 […]
SINGAPORE: Competition is likely to get more intense in the private residential property market, with developers rolling out new projects. Based on new home sales data for January 2015 from the Urban Redevelopment Authority, there are 20 large developments with a total unsold stock of more than 200 units each – excluding executive condominiums. They […]
There are already signs that Spain’s residential property market is recovering and now a new report shows that its commercial markets are also growing.International real estate advisor Savills is predicting CBD office yields in Madrid will move from 5% to 4% and 4.5% for super prime properties, as a lack of good quality stock puts […]
Watching your neighbors bid on apartments or houses has become a national pastime in Sweden. In the last week of January, more 2.3 million browsers (in a nation of less than 10 million) clicked into the Hemnet home-auction website to keep tabs on the surging real estate market. As Sweden has sidestepped a bigger downturn […]
Foxtons said it expected sales activity to “remain subdued” in the first half of 2015, as concerns about the global economy and the upcoming May general election hold people back from buying. The London-focussed estate agent said lettings increased by 1.7pc last year, but sales volumes were down by 3.7pc. That compares to a 27pc […]
“While the top of the prime central London market may be undergoing a weaker period in the face of the election, London’s suburbs are still experiencing strong growth, fuelled in part by buy to let investors benefitting from a reduction in lenders stress testing…” Sales in London’s prime property market have continued to fall for […]
