Every year the demand for housing in Istanbul, the most densely inhabited city in Turkey, grows in line with its continuously expanding population. The rising demand for housing is met by the existing housing stock plus new housing production. Residential property prices in Turkey rose strongly in 2014, gaining more than 16 percent in nominal […]
The Greek property market has been facing a strong recession for five years, and national real estate prices have hit the lowest levels of the last decade. According to Taylor Scott International’s annual report for the year 2014, property values in Greece have dropped over 50% since the onset of the crisis. According market reports, […]
The entry-level housing market may be on the upswing. The pace of new construction is one of many gauges of the state of the current housing market, along with home prices and the volume of sales. Moreover, the kinds of new homes under construction can tell us about the health of the housing recovery. The […]
According to the Greater Las Vegas Association of Realtors (GLVAR), the Las Vegas housing market is increasingly becoming more stable with Southern Nevada home prices remaining about 8 percent higher than they were a year ago.GLVAR reported the median price of homes sold in February 2015 was $205,000. That was up 2.5 percent from an […]
Over the past few years, the surge in house prices have been shocking Londoners from Shepherd’s Bush to Stratford. Many potential buyers have hoped that signs of a slowdown that emerged in the summer would continue, and so it has proved. But what is exactly a slowdown for a market that has been outperforming away […]
When members of the public and MPs have been asked about housing by pollsters, there’s been a striking consistency in their response: Britain is facing a housing crisis – and the solution is more affordable homes. But as the latest government figures show, we’re still falling far short of building the number of new homes […]
Almost 20 years ago, the property market in Malaysia was hit hard by the Asian financial crisis. House prices contracted between 8 to 9.5 per cent. The government’s stringent policies helped the market to recover. From 2006 onwards, the residential market experienced exponential growth. The property market started weakening from 2009 when the base lending […]
Kenya ‘s Real Estate Market is easy to confuse investors. People following the rule of demand and supply believe that the Real Estate Market in Kenya is still strong and has a long way to go. Well sometimes things are not so simple. Kenya has a huge need for housing, but for affordable housing. The […]
The continuous need for more housing is one of the few things most French politicians seem to be able to agree on. Both the Socialist Party and the centre right UMP argue that France needs to build at least 500,000 new homes every year. That quota is never quite reached, but the idea still remains […]
Big Apple is world’s hottest luxury property market New York was followed by Aspen, Bali, Istanbul and Abu Dhabi, which saw gains of between 14.7 percent and 16 percent. Read MoreWill the Waldorf become NYC’s hot new address? San Francisco, Dublin, Cape Town, Muscat and Los Angeles rounded out the top 10, with price advances […]
