All about property news and more …
Beijing relied on home buying to help boost the economy in 2015, but concerns about debt and house prices could limit that option now SHANGRAO, China—Investors were pouring into this sleepy city in southeastern China until late last year to scoop up apartments as new high-rise projects mushroomed. Then sentiment turned. Unsold units started piling … Read more
Due to the Greek economic slump, which began in 2008-2009, Real Estate faced a huge decline. For almost a decade prior to the global financial crisis of 2007–2008, the real estate market and property values increased with an impressive ratio. The main reason for this incredible performance of the real estate sector was the unlimited and … Read more
While the government’s latest round of property cooling measures may prove to be a bane for en bloc sale aspirants, some developers and home loan providers, some analysts expect the new curbs to benefit the HDB market in the near-term, reported Singapore Business Review. Larger HDB units may witness continued demand from displaced en bloc … Read more
Britain’s housing market is now worth a combined £8.2 trillion, according to Zoopla CREDIT: JASON ALDEN/BLOOMBERG The value of Britain’s housing market has fallen by £26.9bn, or 0.33pc, since the start of the year, as growth in the North East and Wales has failed to counteract falling prices in many other regions across the country. The nation’s homes decreased … Read more
The majority of developers and investors in the big cities are building properties that are out of range for the average Kenyan family leading to the paradox of having an oversupply in a market that has a huge housing deficit. BY KOSTA KIOLEOGLOU Many people argue about the efficiency of the Kenyan real estate market … Read more
Photo: AFP The Paris property market is the second most attractive in Europe for property investment among the super rich, a new study reveals. The study, carried out by estate agency Knight Frank, looked at the most attractive cities around the world for real estate investment among ultra high-net-worth individuals (those with a household wealth … Read more
The blue economy aims to move beyond business as usual and to consider economic development and ocean health as compatible propositions. Blue economy is ideal for a long-term strategy aimed at supporting sustainable and equitable economic growth through oceans-related sectors and activities such as tourism, fisheries, renewable energy, and maritime transport. The blue economy … Read more
Britain’s biggest property website Rightmove has shrugged off fears of a slowing housing market as it posted a double-digit rise in revenues and profits and revealed it attracted a record number of customers last year. The company, which makes money by charging estate agents and house builders to advertise their properties, said the industry faced … Read more
If you’ve got lots of money, it’s getting easier to find an apartment. If you don’t, good luck. New York City has added an estimated 488,478 housing units since 1991. For a city that has added 1.1 million jobs over that same period, that’s not great, but it’s not terrible, either. Where things get complicated — and in some … Read more
Australia’s property market has reached a turning point, with smaller cities taking more of a front row seat in the growth story. CoreLogic’s monthly figures show the capital cities with the biggest property price increases in November were Canberra (+0.9pc) and Hobart (+0.6pc). Melbourne dwelling values, on average, rose 0.5 per cent last month to … Read more