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Foreigners pile back into Australian property, reignite bubble fears

Australia’s ‘spring-selling’ real estate season is seeing a defiant return of Chinese buyers, undaunted by lending restrictions aimed at curbing their interest in the country’s sky-rocketing housing market. Financiers and estate agents say Asian investors have found new avenues to re-enter the market, including targeting cheaper homes and settling in cash. Others are turning to […]

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Donald Trump: The Housing Market’s Latest Threat

Cheap mortgages were never going to last forever, but few expected this. A spike in Treasury yields since last week’s election has had a rapid impact on home lending rates. The average 30-year fixed-mortgage rate was 4.02% on Tuesday, up nearly half a percentage point since the election, according to Mortgage News Daily. That marks the fastest […]

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Research analysts predict influx of foreign interest into Australian property safehavens following Trump win

DONALD Trump’s victory as the President-elect of the United States will drive more foreign investors to the safehaven of the Australian property market. REA Group chief economist Nerida Conisbee said the uncertainty that came with the Trump victory meant people were likely to look to markets such as Australia. “Australia will be a beneficiary of […]

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London House Prices Forecast to Plunge as Brexit Chokes Market

London property prices are set to fall next year as uncertainty about Britain’s exit from the European Union damps the U.K. housing market, according to the Centre for Economics and Business Research. London, and especially the priciest areas of the capital’s housing market, will be most affected, with prices dropping 5.6 percent in 2017, according […]

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Uncertainty hovers over Saudi Arabia residential property market

House prices in Saudi Arabia will stutter over the coming year as investors and lenders wait out the effects of economic uncertainty and new government reforms on the kingdom’s residential property market. Analysts at the Jeddah asset management and investment firm Alkhabeer Capital said that in the near term rental demand would increase “as home […]

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Singapore luxury property ‘cheap’ for rich multinational buyers, pros say

All the obstacles facing Singapore’s property market might not be cleared, but one dark cloud over the luxury end has disappeared, analysts said. Singapore’s extremely-high-end properties are now cheap compared with similar luxury properties in other major capital cities, according to Brandon Lee, a property analyst at JPMorgan in Singapore. After a 15-25 percent drop […]