News Archive: property markets: 2008

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24, 2008 December:

Bottoms up

The prime central London Property market is set to bottom out in 2009, according to a new report...

23, 2008 December:

Warnings over buying in Israel

The British Foreign Office is this week issuing a warning about the risks of buying property situated in Israeli settlements in the occupied Palestinian territories...

Malaysian mall madness

Malaysian malls are expected to grow their income further in 2009 with more visitors despite the anticipated slower economy…

22, 2008 December:

Although Romania is one of the EU's newest members, it is really starting to make its presence felt on the overseas property investment stage. Attracting hoards of tourists each year drawn by the legend of Dracula, Romania's Transylvania and the Carpathian mountains regions have been named as future property hotspots...

Dubai: best long term investment

Despite the recent property market slowdown, Dubai remains one of the best long-term property investment destinations, according to UK-based property adviser Mohammed Kashani-Akhavan...

Who wants to be a millionaire?

A million pound family home in central London has lost an average of £13,000 a month in value and is now worth what it would have sold for in 2006, according to the latest property price analysis...

2009: ‘tantalising opportunities'

Despite gloomy figures from many industry bodies, property firm Black Brick are predicting that 2009 could present some tantalising opportunities...

All I Want for Christmas is...

Latest Young Index results from Young Group have, perhaps unsurprisingly, identified that house price stability and wider mortgage choice are top of this Christmas' wish lists...

19, 2008 December:

Bargain hunters lose interest

Whilst the downturn in the US property market has provided brilliant opportunities for some investors to pick up a bargain, the novelty is now wearing off and the thrill of snapping up a foreclosed property has dwindled...

18, 2008 December:

Australia cooling down

Construction of new build homes in Australia is set to cool over the next year, new data from the Royal Institution of Chartered Surveyors (RICS) has revealed...

Back to All Blacks

New Zealand Landlords are back in the market, prompted to hunt for properties because of cheap interest rates, according to a recent survey...

17, 2008 December:

UK: £400m first-time buyer boost

The UK Government has approved a £400 million funding package for the Homes and Communities Agency to help first time buyers buy their own home as part of the plan to tackle the economic downturn...

Gang warfare ruins NZ house sale

Invercargill house for sale ... has some recent history...

Make me a match

A groundbreaking website which puts a twist on property swapping schemes is giving the ailing housing market an injection of activity...

Look to Lisbon

For those looking for property in an emerging city, the Portuguese capital offers cheaper homes than Paris or Barcelona...

15, 2008 December:

Holding back the tears

Holding back repossessions is critical for the health of the UK property market...

Aldeota: best in Brazil?

Brazzil magazine has cited Aldeota as the Brazilian city "everyone wants to live in"...

12, 2008 December:

Just who is Max Rameau?

Before I put you out of your misery, I'll just pose a quick question. What is happening to all of those foreclosed properties in the US that are now standing empty? Well, I'll tell you - in Miami, they are being taken over by homeless squatters, who are being pointed in the right direction by ‘squatters agent' Max Rameau...

Granada: 2009 property hotspot

The Spanish city is tipped to receive even more visitors next year as Brits opt to holiday closer to home...

11, 2008 December:

South Africa's new entrepreneurs

The number of black entrepreneurs entering the South African property market is escalating to new heights, with first-time homebuyers fast catching white first-time property owners in terms of volume, according to Leapfrog Property Group...

Cyprus outperform stocks n' shares

More Brits are taking their money out of 'traditional' investments and putting it into the safe haven of Cyprus...

New risks for French property

Local officials in France are failing to make property investors aware of new risk plans which may have an affect on their real estate purchase...

10, 2008 December:

South Africa's priciest home sells

Modelled on Pretoria's Union buildings, a property on Sandhurst Estate, Johannesburg, is South Africa's most expensive home and has just sold at auction for £4 million...

Knights at the round table

Partners at Knight Frank have bucked the headlines by awarding bonuses totalling £46 million this year...

09, 2008 December:

The never-ending story: second thoughts

You may well be keen to see the back of 2008 - and hope it takes the credit crunch with it - but you will have to wait an extra second as, like the economy, the Earth's rotation is slowing - forcing timekeepers to add a second onto the end of the year...

Southern Italy is where it's at

Southern Italy is set to see a wave of activity in the property market over the coming months despite the credit crunch, it has been claimed...

Everyone wants bite of Big Apple

With domestic demand for New York property having fallen considerably, a growing number of property agents and developers are relying on continued strong international demand for homes in the Big Apple, reports the International Herald Tribune...

Dubai reconsidering plans

Dubai-based Meraas Development, which has unveiled a £63.8 billion property project since being formed just two months ago, says it is now reconsidering its plans in light of the economic slump...

In depth look at buying and selling

The Office of Fair Trading is to carry out a market study into the home buying and selling process, it was announced...

08, 2008 December:

Scheming developers in Middle East

As Dubai continues to dominate the property headlines for all the wrong reasons, developers in the Middle East have started a real push to entice new buyers by offering a host of new schemes...

Spanish planning falls

Spanish planning approvals dropped by 59 per cent during the first nine months of this year, according to the Spanish Ministry of Development...

2009 housing predictions

The first of next year's property market forecasts have started rolling off the production lines and leading the charge is Jones Lang LaSalle...

05, 2008 December:

Tasmania: migrants wanted

The heart shaped island of Tasmania has added additional occupations to its skills in demand list, making it easier for migrants to make the move...

Tokyo takes over as best bet

The Japanese city of Tokyo has taken over from China's Shanghai as the best Asian city in which to buy property, according to a new report by the Urban Land Institute and PricewaterhouseCoopers...

Jolly good show

People who talk down the property market may be surprised to learn that Strutt & Parker has sold a Norfolk estate for "jolly near" the £25 million asking price only two months after it was put up for sale...

Indian terror attacks: impact

The Indian property market will not be heavily impacted by the Mumbai terror attacks last week according to two AIM-listed Indian property companies...

04, 2008 December:

George Bush moves to Essex

George W Bush will have no excuse to avoid visiting an obscure Essex village near Colchester called Messing when he retires as US President next month...

03, 2008 December:

Korean buyers swoop in on America

Savvy Korean investors who are keen for a bargain are swarming to America and Canada as countrywide price falls make property an increasingly attractive option...

French dreams crushed?

The credit crisis and fall in the value of sterling has crushed the aspirations of Britons who dream of owning a holiday home in France...

02, 2008 December:

Tuscany: falling out of favour?

Rural Tuscany has always seemed the Italian dream - rolling countryside, rustic farmhouses, olive groves - and has been topping the list for those seeking second homes in Italy for years, but now, buyers are turning their attentions towards city living instead...

01, 2008 December:

Splitsville

We all know that the credit crunch is putting a strain on our finances, but what about our relationships? It seems that the rate of couples splitting up has risen in line with the economic crisis...

Istanbul: European Capital of Culture

The city of Istanbul in Turkey unveiled its plans for celebrating its nomination as European Capital of Culture 2010...

27, 2008 November:

Cape Verde 'has two tourism markets'

The Cape Verde property market will gain when the country's tourist department manages to convey the fact that it has a varied tourist scene...

26, 2008 November:

Great expectations

The success of a UK and Spain-based property firm has resulted in the creation of "outstanding opportunities" for buyers considering purchasing property in Spain, it has been claimed...

25, 2008 November:

Pre-budget: the lowdown

A new dawn: yesterday's pre-budget report surprised with its scope, but it still left the property market wanting, say industry experts...

Out in the cold

The icy fingers of the credit crunch have finally reached Holland and, whilst the seemingly invincible market of the Netherlands can no longer claim to be the only euro-area country to have rising property prices, the UK can still learn something from their housing market...

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