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Brexit ‘hiatus’ hampers city property markets

INVESTMENT in Scotland’s commercial property market fell 12 per cent last year as the Brexit vote all but ground activity to a halt for a period. The performance, which saw total spent across all sectors fall to £1.78bn having passed £2bn last year, was described as “reasonably resilient” given the context of the decision to […]

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Brexit set to weigh on property prices in 2017

Analysts say rising inflation and bond yields also pose a challenge n the City of London’s insurance district, close to the “Cheesegrater” tower, the core of another skyscraper — 22 Bishopsgate — is rapidly rising out of the ground. The decision this autumn to proceed with the 1.4m sq ft development, whose investors considered pulling […]

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How Trump’s presidency might affect the real estate market

On November 9, Donald Trump was elected the 45th president of the United States. His campaign motto, “Make America Great Again”, outlined his isolationist world view, promising Americans that he will minimise all external expenditure, and thus increasing domestic spending. He has said he will change  US policy on foreign aid and called on policymakers […]

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UK: Is property facing a meltdown in 2017?

THE HOUSING market is finally slowing after years of rampant growth and many Britons will give hearty thanks for that. GETTY The housing market is slowing after years after rapid growth The assumption that homeowners automatically celebrate price rises has been blown apart by the crazy growth of recent years, which has made the majority […]

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Faster house price growth in November, says the Halifax

Annual growth in UK house prices accelerated for the first time in eight months in November, a lender’s figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago. That meant the cost of a typical home was £218,002, it said. The faster price growth […]

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Emaar’s Alabbar Sees Dubai Property Market Rebalancing Next Year

Dubai’s real-estate market will see a “rebalancing” between supply and demand into next year, according to the head of the emirate’s largest developer. The company expects growth next year even amid the correction in the housing market, Emaar Properties PJSC Chairman Mohamed Alabbar said Wednesday at the Bloomberg Markets Most Influential summit in Abu Dhabi. […]

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PROPERTY MARKET Q3: IS IT A BULL OR A BEAR MARKET?

Although numbers do not lie, sometimes the market trend is not as crystal clear. Reading the latest available reports on Kenyan economy and the real estate sector, I really find it hard to get a clear position on the status of the market trend. The reason is that it’s towards the end of 2016, and […]

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The Greek real estate market – 2016

The Greek housing market will recover at a slower pace than the Greek economy unless measures to boost demand and reduce oversupply are taken   2016 The Greek housing market collapsed from 2009 onwards, mainly driven by the drop of GDP per capita, the shrinkage of residential lending and the rise in taxation, dragging investments and […]