News Archive: property markets
26, 2011 October:
Demand for city centre apartments is now far outstripping supply and forcing rents dramatically upwards.
Sales of residential property in Miami, Florida, are continuing to rise as the area records sales activity and leads the real estate recovery.
25, 2011 October:
The number of Bulgarian Properties has risen over the past decade, according to 2011’s population and housing census.
Bargain properties in New York’s Brooklyn area are luring international investors according to a joint report
A dream home is becoming a reality for more and more first time buyers – thanks to a Government initiative to help curb the cost of stepping onto the housing ladder.
24, 2011 October:
The number of property sales in the UK worth at least a million pounds has risen to its highest level since the peak of the housing market in 2007, according to new research by Lloyds TSB.
Property prices and rents in the United Arab Emirates may drop a further 20% this year and next because of excess supply, according to analysts.
A weak economy and lack of lending is continuing to depress the residential property market in Portugal, according to the September RICS/Ci housing market survey.
An interview with Smart New Homes, the portal where you can search for new homes direct from developers, at the Property Investor Show 2011.
21, 2011 October:
Low interest rates across Europe have helped boost property values, a positive trend for real estate securities in the region, according to Ernst-Jan de Leeuw, La Salle Investment Management's head of real estate securities for Europe.
The housing market in Melbourne is one of the most likely in the country to experience "a significant price correction", according to new research.
As France continues to dominate the ski holiday market, La Plagne in the French Alps, one of the largest and most popular ski resorts in the world will be celebrating its 50th anniversary this winter.
The top end of the rural property market remains strong, despite several high-profile Riverina properties failing to sell last week.
20, 2011 October:
With welfare reform, Ministers appear to be rather more concerned about the lifestyle ‘choices’ of the poor rather than focused on fixing Britain’s broken housing market.
The refusal of many older people to downsize is damaging the prospects of those looking to get on the housing ladder
Marta Andreasen MEP has claimed Spain's secretary for housing 'is in denial' regarding the severity of the problems affecting British expats who have invested in Spanish property, following a heated exchange at an international property exhibition in London.
The UK housing market is going through a tough time at the moment. Prices are fluctuating wildly with few experts actually able to read the market accurately.
Turkey is to offer it citizens living abroad an easier way to apply for title deeds online.
19, 2011 October:
The Dominican Republic offers the white-sand beaches of Caribbean living for a steal and is only a two-hour flight from Miami. The “DR” is no secret and there are posh areas with sky-high prices, but other towns like Las Terranas have properties available for a song.
Property market information website Mouseprice has suggested that London is immune from issues affecting house prices, as foreign investment supports the market in the capital.
India now has the second-fastest growing residential property prices in the world.
Housing minister Grant Shapps has said that the Government needs to build more than 200,000 homes a year.
17, 2011 October:
Australian inner city housing is more affordable for singles and couples without children on incomes over $60,000 than it is for families on incomes of $100,000, a study shows.
Fears of a collapse in China`s property market have sent shares of mainland developers and the MSCI China Property Index tumbling in recent weeks. However, Daiwa Capital Markets says the stocks have been oversold and is optimistic the mainland property market is headed for a soft landing.
According to a recent Morgan Stanley Economic Report, growth in Russia is poised to accelerate by 5 per cent by the end of this current year, and up to 5.5 per cent again in 2012.
14, 2011 October:
A southern Chinese city that rolled back property-purchase restrictions on Tuesday reversed course just hours later, signaling that the country's top leadership remains determined to keep a tight grip on the overheated sector.
13, 2011 October:
A decidedly happy bunch, Denmark holds a reputation of having an exceptionally good quality of life. In spite of this, more and more Danes appear to be investing their hard earned cash elsewhere with more than 70,000 purchasing holiday homes abroad, with Spain topping the charts as their perfect second home location this year.
Property prices are set to grow over the next few years, as consumer confidence rises in tune with a growing demand from Asia for Australian resources, according to a new report compiled by QBE Lenders Mortgage Insurance in conjunction with BIS Shrapnel.
Germany is seeing more interest from overseas property buyers as its economy is regarded as more stable than many other European countries.
Foreign investors are flooding into the capital’s property market as they seek a safe haven from the global financial chaos.
The Home Builders Federation (HBF) has urged the government to "stand firm" and help the house building industry because it is in their interest.
12, 2011 October:
Foreign investment in India’s residential property sector is set to decline further after a new report revealed it was at its lowest level for four years, according to industry experts.
The national average of home prices slipped 2.4% in September in Australia, although the statistic belies regional fluctuations. Queensland and Victoria saw significant drops that managed to pull down the average even though prices in New South Wales and Western Australia made modest gains.
11, 2011 October:
Over $1.3 billion were stuffed into Turkey's property market last year. The figures, released by the Turkish government, have shown that foreign investors are still keen to own a share of the country's booming real estate industry, as Turkey becomes one of the biggest success stories of recent years.
India faces a housing shortfall of 1.3 million over the next five years according a report from a property consultancy and a group of international real estate investors.
Strong rental growth rates combined with slowing dwelling value declines have seen home owners realise positive ‘total return’ growth in August in Australia.
10, 2011 October:
There are likely to be more homes put up for sale in the south of France over the coming months, one local estate agency has claimed.
A luxury Spanish property agency has reported its most successful ever quarter in the three month period from July to September.
Residential prices in the United States fell by 0.4% in August compared with the previous month, according to the latest index from CoreLogic.
Latest house price figures released by ESPC, the largest property marketing firm in East Central Scotland, reveal that average house prices in most areas remain below 2010 levels.
07, 2011 October:
This Saturday, the deeply competitive relationship between England and France will be on full display at the Rugby World Cup quarter final in New Zealand. But who is currently winning in today's property market?
Global agency Jones Lang LaSalle has launched a new dedicated residential portal in the Asia Pacific region, with Singapore becoming the first country to roll it out locally.
Affordable housing is driving Dubai’s market as apartment rentals slide, according to a new report by a leading UAE property portal.
Despite the well publicised stock market instabilities and eurozone debt crisis property prices in France are rising, especially in regions favoured by overseas buyers.
Investor sentiment regarding the prospects for European listed real estate securities remains mixed, according to Bart Gysens, head of property research with Morgan Stanley.
06, 2011 October:
Spain is starting a race to sell $1.3 billion of property by the end of 2011. In a drastic move to tackle borrowing costs, Spain is sprinting to find investors for a large portfolio of government-owned real estate, the first of its kind on this scale, which includes 37 properties in Catalonia and 76 properties in Andalusia.
Foreign investors are targeting Manhattan Island as sales surged in the third quarter.
Property transactions are increasing again in the Nordic countries of Denmark, Finland, Norway and Sweden but lack of lending is still holding the real estate market back, according to analysts.
The commercial real estate is seeing sales growth in the US, says Hessam Nadji, Managing Director of Marcus and Millichap.