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The Biggest Threat to the UK Housing Market

Mortgage rates are steadily ticking higher. Will rising mortgage rates stall the housing recovery? Photographer: Chris Ratcliffe/Bloomberg Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Don’t miss the new episode of In the City, in which […]

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Property market: Mildly positive and ‘less painful’

At a talk entitled, “The key driver for property demand will always be affordability” during the Star property.my Fair 2018 in KLCC, the audience was asked about Budget 2019. “How many of you here thinks Budget 2019 is positive for you?” No one raised their hands. Perhaps they have yet to feel the effects of […]

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TIPS ON HOW TO BUY OFF-PLAN PROPERTY

03-Sep-2018 by  Kaja Knudsen, Contributor Photo By: Billion Photos Shutterstock.com Over the years, the UAE real estate market has been growing at a constant rate. According to the latest reports, the market has also recently seen a fall in rental and sales prices making it even more attractive to investors. It is now considered by […]

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Vancouver ranks top in global luxury real estate market

A new report into the 2015 global luxury real estate market ranks Vancouver as the top performing city worldwide. In a top 100 list that includes Shanghai, San Francisco and Monaco, Vancouver is the clear leader, with prices accelerating 24.5 per cent last year. Sydney, ranked second, grew just 14.8 per cent in the same […]

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Ambitious Chinese Developers Plan Cities Abroad From Ground Up

SINGAPORE—Chinese property developers have become a familiar sight at construction sites in both the world’s wealthiest and least-developed cities, from New York to Nairobi, Kenya. Now, as growth continues to slow at home, they are becoming ever more ambitious, with plans to build not just skyscrapers and roads but entire cities from scratch. Some of the most […]

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A Look At WorldWide House Market Predictions For 2015

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 […]

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Pending home sales give hopeful sign for U.S. housing market

WASHINGTON (Reuters) – Contracts to purchase previously owned U.S. homes rose to their highest level in 1-1/2 years in February, a sign the lackluster recovery in the U.S. housing market could be accelerating. The National Association of Realtors on Monday said its pending home sales index rose 3.1 percent last month. Economists polled by Reuters […]

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Fosun International weighs bid of $2 billion for Cushman & Wakefield

Chinese billionaire Guo Guangchang’s Fosun International Ltd. is weighing a bid for commercial property broker Cushman & Wakefield Inc., people with knowledge of the matter said. The Shanghai-based investment firm is among several companies that have expressed interest in Cushman, whose owners are seeking about $2 billion, according to the people. The process is at […]