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House prices up, fewer properties on market – New Zealand

With demand for housing in Auckland still increasing, the declining number of properties available for buyers is hitting home. The median house price in Auckland was $820,000 in April. Photo: RNZ / Kim Baker Wilson Sales volume through the region’s biggest real estate agency, Barfoot and Thompson, was down in April after a busy March, […]

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Bank of Mum and Dad props up UK housing market

British parents and grandparents are giving their offspring £5bn a year to help them get a foot on the property ladder, making them the equivalent of the 10th biggest mortgage lender in the country. Borrowing from family and friends to help fund deposits will help younger homebuyers complete on some 300,000 transactions this year, equivalent […]

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4 casualties of Vancouver’s real estate market

Young would-be homeowners are feeling the chill. For more than half a decade, these potential property-owners and family-makers have been frozen out of the city of Vancouver. But that freeze due to unaffordable housing doesn’t stop at Boundary Road. Homebuyers are struggling to find affordable housing on the North Shore, in Richmond, in Burnaby even as far as Langley. In my […]

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EU vote could slow housing market, says the Halifax

UK house prices are rising but uncertainty ahead of the EU referendum could slow the market, according to the Halifax. Property prices increased by 10.1% in the year to March compared with a year earlier, the lender found, making the average home worth £214,811. This annual growth accelerated from 9.7% seen in the previous two […]

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Singapore property losing some shine: UBS

***(From left) UBS Asset Management, Singapore head Michael Chin; Mr Mackie; and Mr Toh presenting the bank’s report yesterday.PHOTO: UBS***   No rush to exit but institutional investors’ focus may switch to cities in Australia, Japan Singapore is less likely to be on the radar of institutional real estate investors this year compared with other […]