News Archive: property markets

30, 2012 January:

Is now a good time to buy Panama property?

The latter part of 2012 could be the right time to invest in real estate in Panama, with one expert in the country expecting property prices to begin to rise from 2013.

Pending home sales in the US slowed in December, latest data shows

After reaching a 19 month high, pending home sales in the United States eased in December but stayed above year ago levels, according to the latest figures from the National Association of Realtors.

As Floridians prepare to vote in GOP primary, economy and housing top list

After policing the slushy Pennsylvania streets for 30 winters, Steve Dougherty decided the only slush he ever wanted to see again was in a frozen cocktail poolside.

Greece: House prices set for a decline of some 15 pct

Prices in the residential property market are expected to fall by 15 percent this year, while the decline could prove even greater if the country’s financial situation worsens.

UK buyers second biggest buyers in Italy

UK buyers make up the second biggest group of buyers in Italy, according to Gate-Away.com, Italy's number one property portal for non-Italian buyers, which analysed its data for 2011.

27, 2012 January:

Canadian agencies wary of calls for overseas buyer curbs

Canadian overseas property agencies are monitoring growing calls for protectionism, worried that booming international sales markets in cities like Vancouver could be affected if local campaigners get their way and the government imposes purchase restrictions on buyers from abroad.

UK announces new deal on new build properties

UK housing minister Grant Shapps has today (Thursday 26 January) hailed a new partnership between the government and the National House Building Council (NHBC) to gain a greater insight into how efforts to get Britain building again are making a difference.

UK house sales down by 1% in 2011

UK house sales fell just 1% last year to 869,000, one of the lowest totals on record, HM Revenue & Customs has said.

Surge in number of UK properties held in offshore havens

There has been a huge surge in the amount of UK property being held in overseas property havens.

High end Spanish property performing well

Despite tough market conditions for property in Spain, one company has posted their most successful operational year to date in 2011, showing the appetite for high end Spanish real estate has not waned.

Foreclosures made up 20% of home sales in 3Q

Sales of homes in foreclosure comprised 20% of all U.S. residential sales during the third quarter, according to RealtyTrac.

Canada dealing with thousands of cases of potential residence fraud

Canadian Citizenship, Immigration and Multiculturalism minister Jason Kenney has vowed to continue a crackdown on fraudulent attempts to acquire citizenship.

26, 2012 January:

New York City real estate values projected to increase 3.8pc

The value of New York City’s more than 1 million properties may rise 3.8 percent to $845.4 billion this fiscal year as the real estate market recovers, according to a projection by the city Finance Department.

Vancouver leapfrogs Sydney in unaffordability index

Vancouver’s property market has overtaken Sydney’s as the most unaffordable in the world behind Hong Kong according to a new study.

China's housing market is set for a hard landing

The numbers are grim: China's property bubble is heading for a spectacular burst, and its effect on the country's economy will be widespread.

Portal numbers suggest dysfunctional property obsession

News this morning in the UK is of another record-breaking month for one of country’s top portals.

US home sales rise for third consecutive month

US home sales continued to rise in December 2011 for the third consecutive month according to the latest figures from the National Association of Realtors.

Nordics on the rise as UK & France fall out of favour

The Nordics and Germany top the list of preferred locations for non-listed real estate investors keen to reduce their risk in the face of turbulent economic conditions, according to INREV's Investment Intentions Survey 2012.

25, 2012 January:

Bloodbath to hit Australian real estate, analyst Jordan Wirsz says

Australia's love affair with property is about to be tested amid predictions prices will plummet by as much as 60 per cent, with capital cities hardest hit.

Housing moves to forefront in Forida primary

On paper, Vincent Barone cuts a pretty good profile of a potential Mitt Romney voter.

U.S. Housing More Affordable Than Housing In Rest Of English-Speaking World

Would-be American home-buyers can take heart: U.S. housing is more affordable than in other English-speaking countries, according to a study of metropolitan areas around the world.

UK estate agent fees vary considerably, new research shows

Estate agent fees in the UK often lack transparency and there is great variation in the levels of fees that estate agencies across London charge, according to a new survey.

24, 2012 January:

Montenegro rejects "ludicrous" Russian buyers claim

Montenegro has rejected claims that Russians are dominating the country's property market. Recent reports suggested that 40 per cent of Montenegro's real estate is being purchased by Russian investors. Not so, contests one property expert, calling the figures "ludicrous" in a rare global real estate dispute.

Canadian sales numbers keep on growing

Canadian property sales rose towards the end of 2011 according to the latest data from the Canadian Real Estate Association (CREA).

2012 will be the year of the micro-market

This year will bring an end to any meaningful analysis of national house prices, with micro-markets operating at different levels across the UK, according to Hill, a leading developer contractor.

Property prices in Turkey continue upwards

The prices of new properties in Turkey have been increasing steadily over the last 12 months and experts expect them to continue doing so in 2012.

Dubai to have 23,000 new homes this year

Abu Dhabi will see 18,000 new units, says report

Massachusetts housing market is slowly stabilizing

Assessed home values are dropping in fewer Massachusetts cities and towns in the 2012 fiscal year, offering a glimmer of progress in the housing market’s slow recovery.

Cyprus: Property market review and expectations for 2012

A fall in Cyprus’ GDP and rising unemployment means that the good days have gone. We are probably approaching the worst point, but things are unlikely to get back to where they were.

American revival boosts US enquiries on OGC site by 35%

Further evidence of a resurging American housing sector emerged this week when The Overseas Guides Company (OGC) revealed that it saw “a 35% increase in enquiries in the final quarter of 2011 compared with the final quarter of 2010, with the USA showing the strongest surge in popularity.”

23, 2012 January:

The bigger picture: Florida tops foreign property hotspots

Florida is the most popular state for foreign property buyers, according to an infographic from Credit Sesame. Based on data from the National Association of Realtors, it shows that Florida accounts for 31 per cent of real estate transactions, with most buyers coming from Asia. Europe's role may increase, though, as Sweden highlights Florida's property as ripe for investment.

US set for significant housing recovery says Coldwell Banker chief

The United States should see “a significant recovery in the housing market” during 2012, Coldwell Banker Real Estate International chief executive officer Jim Gillespie told a conference this week in Louisiana.

Rents see second successive monthly fall

Rents fell for a second successive month in December, according to the latest Buy-to-Let Index from LSL Property Services plc.

Property sales fall to lowest level for a year

The typical number of house hunters registered per branch in December was 294, 32 more than the average figure for November, with viewings continuing right up until the Christmas break, the National Association of Estate Agents (NAEA) found.

Video - A mixed bag for Atlanta apartments

Atlanta’s apartment sector continues to improve, but the recovery has been lopsided in the favor of upper-tier properties inside the Perimeter.

Asian investors increasing their volume of central London office buys

Asian investors accounted for £1.7 billion worth of transactions in central London’s office investment market during 2011, compared to £668 million in 2010, a 150% increase, according to Jones Lang LaSalle.

Deal and enquiry volumes rise as rents stabliise in Qatar

Overseas property investors benefited from stable residential rental rates in Qatar during the fourth quarter of last year, as well as an increase in the number of real estate transactions and inquiries according to a new report from international consultancy Asteco.

20, 2012 January:

7 things that won’t happen in 2012

As Europe struggles with debt, the future of global property is uncertain. Reports suggest market recoveries one week, financial slides the next, while some still believe that the world will end in December. How do you know what property to buy? To clear up the confusion, here are seven things that won't happen in 2012...

UK residential property prices remaining stable, latest govt figures show

UK residential property prices decreased by 0.3% on average in the year to November 2011 compared with an annual decrease of 0.4% in the previous month, according to the latest data from the department of Communities and Local Government published today (Tuesday 17 January).

Fewer UK property businesses went bust in 2011, research shows

The UK property sector had a better end to the year in 2011 but faces considerable challenged in 2012, according to an analysis by accountants Pricewaterhouse Cooper.

House hunters undeterred by traditional Christmas slowdown

Interest in UK property rose during December bucking previous winter trends, according to estate agents.

19, 2012 January:

Foreigners spend €3.6 billion on Spain

Foreigners spent €3.6 billion on Spanish property last year, according to new figures. International buyers were keen to pick up cheap real estate in Spain, the Bank of Spain has revealed, as overseas investment in 2011 increased by 27 per cent compared to the previous year.

101 property repossessions each day in UK

Every day in the UK there are 101 property repossessions, 1764 redundancies and 26.3 million plastic card purchases, according to the latest January Debt Statistics from Credit Action.

Fed up with property professionals? – then fire them out of a cannon

An estimated 531,000 home sales in the UK fell through in the final months of 2011 but now an new online game has been launched where buyers can vent their anger on property professionals by firing them at buildings.

Most property sales in Bulgaria were people wanting to escape their investment – report

About a third of property sales in Bulgaria in 2011 were motivated by people wanting to get out of their investments, according to a January 16 2012 report by local television station bTV.

Mumbai set for 2012 recovery says JLL

Mumbai’s property market will bottom out and see a recovery in the second half of the year according to consultancy firm Jones Lang LaSalle.

Smart money on Oxford as overseas buyers pour in

Oxford in the UK is becoming an overseas property hotspot as foreign buyers snap up high-end real estate, with 40% of the city’s top homes bought by buyers from abroad.

18, 2012 January:

Investment Watch: Florida flies to the top

Florida has flown to the top of TheMoveChannel.com's listings, according to the latest Investment Watch. The report, which ranks the monthly level of interest in the portal's listings, saw a two-bedroom condo attract the most enquiries at the end of 2011 as buy to let demand dominated December.

Shock 5.7% jump in American home sales

The American home market achieved a shock jump in sales by 5.7% in December month-on-month to buck the national trend according to RE/MAX’s annual housing report.

Bookmark This Page

Tag, share or bookmark this page:

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Subscribe to Newsletters

Property Newsfeed

Get property news for your website. If you like our news why not add it to your website? Simply pay a low quarterly fee and you can have constantly updating property news!
More

Advertorial

Advertorials generate leads and build trust in your brand and product offerings. They are a great way to reach a different type of audience to other forms of advertising and give you an ideal opportunity to support a property launch or introduce a new service. More

Contribute a Story

We want your news! If you have a story or press release and you want us to have it on this site, visit our submission page below.
Send a Story