Read more

Australia:Reserve Bank sounds warning on house prices

The Reserve Bank has issued a fresh warning about the rising risk of a significant fall in house prices if “speculative demand” fueled by cheap credit continues to drive the property market. With investor buyers powering a house price boom in NSW especially, the central bank on Wednesday said the risks in residential and commercial […]

Read more

Kenya and the Fragile Building ‘Terrorism’

If someone would review the number of buildings that have collapsed in Kenya within the last few years, he or she would conclude that Kenya is within a strong earthquake radius. Surprisingly, Kenya has no serious earthquake history. In fact, no earthquake has been recorded in the last few years, and if any, none could […]

Read more

Turkey:2015 Property Market Overview

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 […]

Read more

RICS continues its expansion into African property sectors

The Royal Institution of Chartered Surveyors is continuing with its expansion in Africa which will result in more property sectors attaining international standards. In November 2013 RICS committed to expanding in three key countries in Sub-Saharan Africa: Ghana, Kenya and South Africa. It is also creating regional RICS hubs in east, west and South Africa. […]

Read more

Renting versus Buying your home.

A life time decision: Rent or Buy ? Purchasing a home can be a daunting process for many people. A potential buyer may find it difficult to determine which housing option makes the most sense for his or her circumstances. People often try to find answers and discuss the relative advantages and disadvantages of renting […]