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BEIJING, CHINA – AUGUST 27: A Chinese day trader reacts as he watches a stock ticker at a local brokerage house on August 27, 2015 in Beijing, China. A dramatic sell-off in Chinese stocks caused turmoil in markets around the world, driving indexes lower and erasing trillions of dollars in value. China’s government has implemented … Read more
Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity price volatility and declines are currently chronicled ad-nausea by the press without seeing the dramatic upswing of international property price falls. What is alarming is the pace of price declines. Even countries … Read more
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
Faced with predictions that Dubai home prices may drop as much as 20 percent this year, analysts say the emirate’s real estate developers and lenders are better prepared than when a crash in 2008 brought the city to the brink of bankruptcy. Standard & Poor’s this week estimated that values may fall by as much … 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
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
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
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