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Apartment lease rates fell 2.4% while sale prices decreased 1.5% in first 6 weeks of Q2 Dubai is expected to create over 277,000 new jobs in the run up to the Expo 2020. (Patrick Castillo) Residential rents and prices continue to decline in the first six weeks of second quarter compared to first quarter 2015, … Read more
There is not an issue facing Metro Vancouver more multifaceted and complex than the cost of housing, a fact vividly illustrated by the current debate enveloping the topic here. Recently, the mayor of Vancouver appealed to the province to introduce tax measures aimed at cooling off a red-hot real estate market, which has become increasingly … Read more
The number of mortgage applications given the green light increased by 6,131 from March to April, the biggest jump in six years and a early sign that the UK housing market is bouncing back after a muted six months and disruption caused by the general election. New data from the Bank of England showed that … Read more
Real estate in the U.K. is reaching boiling point. “There are still opportunities in commercial real estate, but it is incredibly hot out there,” Mat Oakley, head of commercial research at Savills, said on Tuesday to a suited group of industry participants in central London. U.K. property markets are booming amid a rush of foreign … Read more
Colliers Strategically Positioned as a Leading Global, Publicly Traded Commercial Real Estate Firm Operating in 67 Countries TORONTO and SEATTLE, June 1, 2015 (GLOBE NEWSWIRE) — Colliers International Group Inc. (Nasdaq:CIGI) (TSX:CIG) and FirstService Corporation (Nasdaq:FSV) and (TSX:FSV) today announced the completion of their separation into two independent, publicly traded companies – Colliers International Group … Read more
Major Dubai real estate developers are planning projects that include affordable housing units Dubai-based real estate developer MAG has announced a project of over 1,000 residential units in the Dubai World Central area near Al Maktoum International Airport. MAG 5 Boulevard is a joint venture with MBM Holding and will include studios starting from 449,000 … Read more
The housing comeback from the Great Recession has been long and slow. Now, finally, it looks as if we are finally getting some traction. Mortgage lending is strong, and that’s a good sign for both the economy and the stock market. The banking sector is one immediate beneficiary. There are others, including homeowners, naturally. Banks’ … Read more
Lack of homes for sale in April drove up prices as surveyors warn that the government must encourage building of new The number of homes coming on to the market fell to its lowest level in almost six years in April, driving up prices across the UK, surveyors said on Thursday. The affordability and availability … Read more
FIGURES out this week show the Chinese are pumping money into the Australian property market like never before. Financial services company Credit Suisse estimates that residential investment from Chinese-based investors and new immigrants from China will more than double over the next six years to $60 billion. The company’s report out this week said Chinese buyers … 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 outperforming for the last … Read more