All about property news and more …
manager 
Falling mortgage rates, cuts in stamp duty for most movers and stronger pay growth could drive house prices 5pc higher this year, according to analysts The number of mortgages issued in February jumped to the highest monthly level in half a year as buyers took advantage of falling prices after Christmas. Lenders approved 61,760 mortgages … Read more
The head of the banking regulator has stopped short of saying the housing market is in a bubble, but says it certainly looks risky. Australian Prudential Regulatory Authority chairman Wayne Byres says with property prices rising much more quickly than incomes and household debt high, the market could pose a risk to the economy. He … Read more
The Greek property market has been facing a strong recession for five years, and national real estate prices have hit the lowest levels of the last decade. According to recently pubished reports property values in Greece have dropped over 50% since the onset of the crisis. According market reports, prices declined over the past year … Read more
Chinese billionaire Guo Guangchang’s Fosun International Ltd. is weighing a bid for commercial property broker Cushman & Wakefield Inc., people with knowledge of the matter said. The Shanghai-based investment firm is among several companies that have expressed interest in Cushman, whose owners are seeking about $2 billion, according to the people. The process is at … Read more
SINGAPORE: Competition is likely to get more intense in the private residential property market, with developers rolling out new projects. Based on new home sales data for January 2015 from the Urban Redevelopment Authority, there are 20 large developments with a total unsold stock of more than 200 units each – excluding executive condominiums. They … Read more
Over the past few years, Londoners, from Shepherd’s Bush to Stratford, have been shocked by the house prices . Many potential buyers who had hoped that signs of a slowdown ,that emerged in the summer ,would continue, and so it has . But what exactly is a slowdown for a market that has been … Read more
Chinese businesses have been moving into Kenya’s property market, where failed investments are rarely reported, the 21st Century Business Herald reported. There is no exact figure about the number of Chinese property developers operating in Kenya, and even the Chinese embassy in the African country cannot give such information. It is generally believed that the … Read more
Australia needs to consider introducing limits on borrowing to rein in house-price growth and avoid further risk to the financial system, says the head of the Abbott government’s financial systems inquiry, David Murray. Mr Murray, who previously headed the Commonwealth Bank, said the low-interest rate environment had seen house prices rising in capital cities like … Read more
BEIJING–Home prices in China may be volatile this year as the real-estate market continues to adjust, a senior researcher at the Ministry of Finance said Thursday. “More people need to understand that the market doesn’t just trade in one direction, and has inherent risks,” said Jia Kang, on the sidelines of the National People’s Congress, … Read more
Residential property prices in Dubai fell by almost 4% in the first six weeks of this year with both apartments and villas seeing declines, the latest research shows.Prices for apartments fell by 3.7% and villas by 3% respectively, the latest report from Phidar Advisory shows. Sales increased by 1.7% in January, the data also shows. … Read more