Housing market

While the summer season is over for most of us, some lucky holiday makers are still enjoying an ice frappe on a sunny beach, in Spain's stunning Balearic Islands. Famous for their lovely weather, sun-bleached shores and crystal-clear water, the Balearic Islands are Spain's most popular summer holiday destinations, welcoming flocks of international tourists every year. Given the country's popularity, people...

Australia has seen an increase of 10% more young Aussie’s living at home, with their parents from 1997 to 2013 (see Figure 1 below).The 10% increase is made up of both those who have never left home (e.g. dependant students still in high school or studying at the local university), and those who have left the nest but have returned later (e.g. left home to go to university or left home to work...

  Sales of homes in the US are being held by low supply levels.   Pending home sales slipped in June 2015, according to the National Association of Realtors, reversing five months of growth in a row.    The NAR's index, which is based on contract signings, fell 1.8 percent from May's nine-year high, but remains 8.2 per cent above the levels recorded in June 2014. Indeed, despite...

Many buyers are reluctant or unsure on whether or not to sell their home. Families may worry about the current and future home values, investors may be wondering if the time is right. Sellers are concerned, and smartly so, with current interest rate trends. Sellers are asking, "Can buyers qualify for mortgages?" There are many things to think about when considering to sell your home, like friends and loved...

UK House Prices Up a Full 8 Per Cent According to official figures, house prices across the United Kingdom have risen by a full 8 per cent since this time last year, despite a slight fall during March. The .5 per cent drop in average house prices throughout March – from £253,000 to £252,000 – was allegedly the result of tough new lending rules (according to leading economists),...

Up until very recently, first time buyers in the UK were experiencing extreme difficulties when trying to gain access to the property ladder. Without huge deposits and the will to spend their entire wages on a mortgage they probably couldn’t really afford, many thousands of individuals and couples thought they’d never manage to own a home outright. Over the last few months, the British...

   Malaysia’s property market will become markedly more appealing to investment buyers as of the first of April when the country eliminates capital gains tax on all property deals. Whilst sellers are currently obliged to pay 30% tax on the profit made on a property, Prime Minister Abdullah Ahmad Badawi recently announced plans to abolish the levy. It is hoped that this decision will...

  The South East and in particular London is witnessing seemingly unstoppable price increases. Primelocation.com which is owned by Daily Mail & General Holdings reports unrelenting price growth of prime London property. London house price are at record average sales prices in every region in the capital with prices up 25.8% overall.  Stock of prime London property for sale hits an all-time...

Florida property owners will be thanking their lucky stars as officials announce big cuts in home insurance and helps secure the future for the Floridian real estate market.   Florida home owners pay some of highest home insurance premiums in the US & what has made things worse was the anticipated increases this year of up to 80%. This would have left many Florida property owners in a...

  The currently unregulated overseas property industry has seen some positive moves towards self regulation. One of these was the launch of The Association of International Property Professionals (AIPP) .The aim of the organisation was improve standards of professionalism in the international property market. Members are vetted and sign up to commit to industry standard training and voluntarily...