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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
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
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
Dubai: Further turbulence for global currencies could have consequences for those UAE real estate agents heavily reliant on overseas investors for their deals. The pound’s weakening, in particular, will effectively mean that UK-based investors are less likely to shop around for assets in dollar-pegged currencies. (The British currency is down 7.3 per cent for the … Read more
Property experts have suggested that Britain’s shock decision to leave the EU in Thursday’s referendum could actually be good for the UK property market – at least in the short term. Many estate agents think that the falling pound will result in a huge influx of foreign investors who are keen to take advantage of … Read more
As far back as 2005, international media sources have been projecting the collapse of what has been dubbed the Chinese property bubble. In 2008, the Economist declared that the “sizzle is off” China’s housing market and there were no improvement on the horizon. They then upped their ante in 2014, with an article entitled “End of the golden … Read more
What does Wang Shi, founder and chairman of China Vanke, the world’s biggest home builder by revenue, make of China’s overheated property market? When prospective buyers enter the 900-home development “Seaside Home” along an avenue of Grecian columns, their eyes are meant to be drawn to three athletes, chiselled from fake bronze. At “Starry Olympic … Read more