Day: July 13, 2015

China’s rich seek shelter from stock market storm in foreign property

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SYDNEY/LONDON (Reuters) – Realtors in Australia, Britain and Canada are bracing for a surge of new interest in their already hot property markets, with early signs that wealthy Chinese investors are seeking a safe haven from the turmoil in Shanghai’s equity markets. Sydney realtor Michael Pallier said in the past week alone he has sold … Read more

UK:House prices rise as surveyors report few properties on market

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House prices in the UK unexpectedly surged in June with a shortage of homes on the market driving the pace of increases to the fastest level in nine months. The Royal Institute of Chartered Surveyors reported that the average stock of houses per surveyor had fallen to the lowest level since it started collecting this … Read more