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Uhuru launches mortgage company for cheap homes

President Uhuru Kenyatta arrives at a Nairobi hotel for the official launch of the Kenya Mortgage Refinance Company on Wednesday, May 22, 2019.  Image: PSCU President Uhuru Kenyatta has launched the Kenya Mortgage Refinance Company in partnership between the government and the private sector. The initiative is aimed at reaching the goal of adequate, safe and […]

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China is driving growth in Asia’s real estate market despite trade war headwinds, report finds

Real estate markets in Asia-Pacific grew at a record-breaking pace in the first quarter of this year — thanks in part to China and despite a global decline, according to real estate consultancy JLL. The region recorded a new first-quarter high of $45 billion in real estate transaction volumes, according the company’s Global Capital Flows report for the first quarter of […]

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Property market to remain dogged by Brexit: Bank of England warns house prices will now fall by 1.25% this year

The Bank of England now expects property prices to fall by 1.25 per cent this year, after predicting a 0.25 per cent annual increase in February. In its latest inflation report, the Bank said property price growth had been weak since the 2016 EU referendum, adding that ‘Brexit-related uncertainties’, as well as other factors, had […]

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Brexit jitters dampen house price growth but first-time buyer numbers tick up

Britain’s housing market suffered a fifth month of “subdued” growth in the face of continued Brexit uncertainty, but first-time buyers showed signs of life, Nationwide reported. House prices were just 0.9pc higher in April than the same month last year, although this was an improvement on the 0.7pc annual growth seen in March. April marked the fifth month in a row that growth […]

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The Unexpected Opportunity In Today’s Real Estate Market

GETTY When we come across a market overflowing with two years’ worth of inventory supply, we’re sure of one thing: Real estate prices have hit their lowest. As supply increases across major cities in America, buyers can afford to patiently scout for the right investment opportunities. Gone are the days of fighting over a limited […]

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Risks Are Receding in Canada’s Housing Market, Agency Says

Recent rule changes by Canadian policymakers, including tightened mortgage lending, appear to be bringing the country’s real estate market more into balance. The federal housing agency lowered its assessment of the overall vulnerabilities in the national market to “moderate,” from “high,” according to a report Thursday from Ottawa. Canada Mortgage and Housing Corp.cited evidence of easing price acceleration […]