The UK’s snap general election has chilled the housing market, according to a survey of estate agents and surveyors. House sales fell in May for the second month running, according to a monthly survey by the Royal Institute for Chartered Surveyors, and 8 per cent more respondents reported falling rather than rising sales. Many of the […]
A long slump in Singapore’s retail, residential and office property markets shows no signs of ending soon as declining occupancy weighs on older marquee sites in the regional financial hub and banks and other key tenants shed staff and look at new and often better options. In a report this week, Deutsche Bank noted that […]
Anthony Corbisiero wanted a quick sale on his studio pied-à-terre in West Chelsea, as he planned to use a portion of the proceeds for his daughter’s looming college expenses. So he and his wife, Julie, who live in Bay Ridge, Brooklyn, were thrilled when three bids emerged within a week. Two were all cash. “The […]
GEORGE TOWN: Property hunters should take advantage of the low bank interest rates to buy properties now as a hedge against inflation. Eco World (North) general manager Khoo Teck Chong said the current rates were among the lowest in the history of housing loans in the country. “This should spur buying which would help […]
KUALA LUMPUR, July 8 ― The Malaysian property market is expected to pick up in the second-half of the year with healthy recovery signs shown by the industry. iProperty Group Managing Director and Chief Executive Officer Georg Chnmiel said the local property market looked likely to accelerate again in the second half after players began […]
VICTORIA — British Columbia introduced tax changes in its provincial budget Tuesday to help buyers and builders of new homes valued up to $750,000, while targeting people able to afford properties priced above $2 million. Housing policy experts and the NDP panned the tax measures as inadequate, saying bolder action was needed to help young […]
Global risks don’t know borders – a message the Global Risks Report series has highlighted since its inception in 2005. However, the impact that global risks have on different stakeholders is still far from understood. The Global Risks Report 2016, therefore, dedicates a section of its 11th edition to the analysis of theglobal risks of […]
The housing market will remain “robust” in the coming months despite property prices dipping slightly in September, Halifax has reported. A 0.9% monthly fall in property values last month took the typical price of a home to £202,859 – which is still 8.6% higher than a year ago. Halifax said that monthly price movements can […]
The U.S. has been named the hottest market for global residential property in a survey of 14 countries by real estate advisors Savills. The researchers analyzed economic and demographic trends to forecast how much prices in popular cities will rise over the next five years. 1. United States The U.S. housing market has enjoyed three […]
BEIJING, CHINA – AUGUST 27: A Chinese day trader reacts as he watches a stock ticker at a local brokerage house on August 27, 2015 in Beijing, China. A dramatic sell-off in Chinese stocks caused turmoil in markets around the world, driving indexes lower and erasing trillions of dollars in value. China’s government has implemented […]
