Some 63 per cent of American real estate professionals believe that the US property market will either strengthen or remain consistent over the next year, according to a new study. The Bryan Cave Real Estate Executives' Forecast Survey was conducted among a variety of US property professionals and showed that the majority of them were optimistic for the future. This contradicts recent speculation in the US...
Investment Property
Property investors looking to purchase homes for letting purposes paid nearly two per cent more in April than in March, according to Paragon Mortgages' latest Buy-to-Let Index. The specialist lender found that landlords continue to retain their confidence in the property market, expanding their portfolios and contributing to a price inflation growth rate of 4.7 per cent over the past six months. April...
The north of England is poised to overtake the south as a location for property investments, according to a new survey of specialists. Almost three-quarters (72 per cent) of exhibitors at the forthcoming Property Investor and Homebuyer Show North said they saw investors taking advantage of better buy-to-let opportunities in the north of the country. They said that increased investment in infrastructure and...
Immediate action is required to prevent rural England from becoming the preserve of the rich and retired, according to a new report. The Affordable Rural Housing Commission has called for more property to be built and a possible tax for second homeowners in order to stop rural demographics from being drastically skewed. Chair of the commission, Elinor Goodman, said that villages and towns should "be...
The mayor of Tianjin in China has said he would welcome overseas investment in the Tianjin New Coastal District development. Speaking at the opening ceremony of 2006 Tianjin Week in Hong Kong, mayor Dai Xianglong said that the new district would expand regional development, but could not meet its potential without overseas investment. Plans for the district are expected to cost as much as $3.2 billion...