Property in the Canadian cities of Calgary and Edmonton are the most affordable in the country as prices in the cities start to rise.  That’s the conclusion of a new real estate report which shows that Brits looking to buy in Canada could snap up a property bargain in these two locations. Prices rising and affordability increasing for homes in Canada The RBC Housing Affordability report...

Positive news for second home buyers considering Austria as a destination to buy property. The regions economy is on the road to real recovery whilst the Austrain capital has become a hub for the business conference community   The Austrian economy powered on during the first quarter of 2011 and, in line with Germany, grew at 1% putting the UK recovery to shame. Indeed, the Austrian economy is now...

Brits looking to buy property in Europe are heading to the countries most hard hit by the recent global financial crisis. New research from a leading foreign exchange specialist published in the Daily Telegraph found that eight out of ten Brits are heading to Greece, Spain, Ireland, Italy and Portugal to buy foreign homes.  Buyers are increasingly snapping up property bargains in the countries hardest hit...

Over 16 million American properties are in negative equity according to a new report from Seattle based company Zillow Inc.  As property in America continues to fall in value, increasing numbers of homeowners are finding that their outstanding mortgages are higher than the value of their property. Bloomberg reports that the number of home owners finding themselves ‘underwater’...

Property markets in Bulgaria and other parts of Eastern Europe are seeing signs of a recovery with an increase in the number of new properties under construction as well as an increase in prices. However, whilst the number of new homes is rising in several Baltic and Eastern European countries, levels are still low in historical terms. More property being built in Bulgaria Recent figures show that the...

France is ‘by far’ the leading foreign location with British buyers looking overseas, according to a leading property expert.  Charles Weston-Baker, the head of international property at high net worth agents Savills, has identified France as the leading location in ‘a new world order of property ownership’. Brits approaching retirement heading to...

The property market in New Zealand continued to recover in April with prices rising for a third consecutive month.  Figures from the Real Estate Institute of New Zealand’s (REINZ) house price index showed values rose by 1.1 per cent between March and April, following a 0.5 per cent rise in March and a 2.3 per cent increase in February. House prices in New Zealand starting to recover The...

will play host to an exhibition that promotes fractional ownership on November 21st 2011 at the iconic 7 star hotel Burj Al Arab.  Fractional Life http://www.fractionallife.com announced that the second annual Shared Ownership Fractional Summit Middle East will present opportunities to the luxury lifestyle sector.   Fractional ownership is generating huge amounts of interest as consumers are becoming...

Higher than expected inflation has resulted in India’s central bank raising interest rates in the country by double most forecasts.  Benchmark interest rates in the country have been raised by 0.5 per cent in May as the central bank struggles to control ever rising prices in the country. Inflation at almost 9 per cent results in 0.5 per cent rise in rates The Financial Times reports that...

The extensive flooding that hit Queensland over the last few months has made Brisbane one of the cheapest cities in Australia to buy property.  Figures from Australian Property Monitors show that Brisbane property prices fell by 2 per cent in the first quarter of 2011, the highest of all the mainland capital cities. Property prices in Brisbane falling The first quarter of 2011 saw the average sale price...