New figures was revealed and it showed that 1,200-1,500 per cent between 2000 and 2007, the booming of real estate industry in the United Arab Emirates (UAE).
Dubai’s Real Estate Regulatory Authority (RERA) and Dubai Land Department (DLD) are the ones who released the figures and according to the figures that west Asian metropolis and the [...]
In recent weeks, it’s been hard to ignore the stories that have surfaced about rising rent prices and the soaring demand for rented properties in the Capital.
We’re hearing that the credit crunch is still maintaining its grip on the property market and sapping confidence among buyers and sellers, while the demand for rented property is [...]
The Scottish housing market has suffered a severe downturn with the number of loans taken out by homebuyers falling by more than a third in a year. The figures appear to contradict comments made recently by Alex Salmond, the First Minister, who described the market as “relatively stable”.
There were almost 10,000 fewer people who obtained [...]
The development of real estate in China has good prospects in the long run despite the sluggish demand, an expert from the National Development and Reform Commission (NDRC) said on Sunday.
“The development of the real estate has good prospects in a relatively long term. After rational adjustment, it will show a more sound development trend,” [...]
As house prices continue dropping and transaction levels reach a new low, financial solutions company ThinkMoney.com welcomes the recent falls in fixed-rate mortgage rates.
Recently, falls in the cost of wholesale funding have allowed lenders such as HBOS, HSBC, RBS and Woolwich to reduce their mortgage rates, reports Times Online. These cuts may not be not [...]
Letting agents and landlords in the Essex area are struggling to keep up with demand for rental accommodation, it has been claimed.
According to David Lancaster at the Chelmsford branch of estate agent Savills, among the most in demand properties are family-sized townhouses and cottages in areas within easy commuting distance of London.
Such is the level [...]
Weighed down by the credit crunch and high inflation, the global house price boom has ended, according to our latest survey of house price indicators.
Only 13 countries in which dwelling price indices are regularly published saw prices rise during the year to end Q1 2008, while 21 countries saw dwelling prices fall in real terms, [...]
Canada’s housing market lost some steam in July as the fevered pace of new home and condo construction cooled, especially in Ontario, after prices rose at their slowest pace in over six years in June in the face of sharply slower economic growth.
Canada’s national economy “is flat on its back” after two straight monthly declines [...]
Although the number of residential properties on the market has decreased slightly over the past year, the Ottawa Real Estate Board says prices remain strong.
Members of the board sold 1,390 residential properties in July through the board’s Multiple Listing Service system compared with 1,451 in July 2007, a decrease of 4.2 per cent. There were [...]
It’s become a well-known fact that the traditional fly-to-let’ rental market in Spain is suffering from over saturation.
Coastal resorts are certainly as popular as ever, with Spain remaining one of the top holiday hotspots with British and European tourists, but when a situation of over supply hits the holiday property market it certainly makes it [...]