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Economic slowdown decreases house prices by 0.61pc in Q419

By MARGARET NJUGUNAH, NAIROBI, Kenya, Feb 3 – House prices maintained a downward trend in the fourth quarter of 2019, according to the Kenya Bankers Association House Price Index (KBA-HPI).   The report attributed the performance to an overall slowdown in the performance of the economy, which in turn tightened disposable income growth among potential home buyers.   During the period under review, house […]

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How the world’s top 15 luxury housing markets will perform in 2020

Paris will have the hottest luxury housing market in 2020, according to Knight Frank. Global consultancy firm Knight Frank forecasted how the world’s top-tier luxury real-estate markets will perform in 2020. Paris will be the world’s hottest luxury housing market in 2020, with prices expected to grow by 7%, according to the report. High-end real-estate in the French […]

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NY property buying rules get bent in ‘scary’ market

New York developers have taken the rare step of easing down payments for residential properties to entice buyers in a sluggish market. The hard-and-fast rule for those hoping to own a New York City apartment was that they must come up with 20 per cent of the purchase price in cash, a formidable barrier to […]

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Brexit bargains: London’s luxury homes take big price cuts

Wealthy buyers are benefiting from political uncertainty — especially if they are paying in dollars Five-bedroom house in Belgravia has cut its original asking price by £1m to £8.95m Aleksandra Wisniewska  For the Financial Times  OCTOBER 24 2019 Brexit uncertainty hangs over London’s luxury property market like a fog. Since the referendum in June 2016, […]

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Greek Property Market Outlook 2019

Due to the Greek economic slump, which began in 2008-2009, Real Estate faced a huge decline. For almost a decade prior to the global financial crisis of 2007–2008, the real estate market and property values increased with an impressive ratio. The main reason for this incredible performance of the real estate sector was the unlimited and […]

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Kenya Property Market 2019 : The Fall…

Real estate in general is a tricky investment option. People have the wrong belief that since real estate is an asset-backed investment and it has liquidation value, it is risk free. That is completely wrong. Property does provide more security compared to some of the other types of investments but it is not risk free. Its […]

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Rich Families Hunt for Real Estate Bargains Beyond the Big City

Beacon House isn’t everyone’s idea of prime office space. But the four-story, red-brick building an hour’s drive from the City of London’s glass-paneled towers is a discrete example of how wealthy families are looking further afield for returns in a crowded real estate market. The southwest London property is among eight on the website of […]

Kenya House Price Index and Property Market Analysis Q3 2018 Read more

Kenya House Price Index and Property Market Analysis Q3 2018

Almost a year after the end of political instability in the country, all market data clearly presents a challenging environment for the property market. Kenya’s real estate industry has been one of the strongest pillars of the economy for several years and therefore normally used to measure economic growth. The temporary strength of the property […]