A leading economist believes that property prices in New Zealand may have fallen as far as they will go and that that they could begin to recover in 2011. This comes after figures show that asking prices in New Zealand rose 1 per cent between February and March 2011. Prices set to rise by 3 per cent in 2011 Chris Tennent-Brown, economist at ASB Institutional believes that property prices in New Zealand are...

Fewer investors are buying off-plan apartments at discounted prices before selling them for a profit some months later.  That’s the conclusion of a new report from a leading property firm who believe that Mumbai is now seeing a buyer’s not a seller’s market. Developers taking longer to sell property in India The Times of India states that...

Foreign investment in Australian commercial property is at its highest level since 1994, according to a new report from a leading property firm.  Jones Lang LaSalle has found that foreign investment is helping the Australian commercial property market to recover with increasing levels of capital available for property investment in the country. Offshore investment helping property in Australia The report...

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Property prices in Bulgaria have increased by more than 200 per cent in the last decade, according to new data from a leading Sofia based estate agent.  This stunning growth outstrips many other European countries and is despite significant falls in values since the global financial crisis of 2008. Residential property prices grew 201 per cent on average between 2000 and 2010 Sofia based agents Bulgarian...

The real estate magazine International Residence has just released their survey results taken during the Moscow International Investment Show held in March. The show attracted 181 companies from 29 countries, and just over 6,800 visitors. This was a record number of investors, for this 8th edition of the two day event.   International Residence conducted their own survey at the show, randomly selecting...

Whilst property prices in Portugal may have fallen over the last couple of years, one area of the country is bucking the trend.  Thanks to a relative lack of supply and some excellent golf facilities, the island of Madeira actually saw property prices rise in 2010. Property prices in Madeira rose in 2010 The latest figures from the National Institute for Statistics (INE) show that property prices in...

Recent figures from the Bank of Italy and from an independent think tank have shown that property prices in Italy were less affected by the global financial crisis than many other European countries.  And, with prices broadly the same as they were in 2008, property prices in Italy are set to take off over the next few years. House prices in Italy largely unchanged over last three years Recent figures from...

Whilst other areas of France might have seen property prices fall over the last few years, the country’s capital, Paris, is seeing booming property prices.  Residential values in the city rise by almost 18 per cent in 2010 according to new data, compared to just 1 per cent in London. Paris property prices in the up Bloomberg reports that ‘Paris property broker Kerstin Bachmann...

Good news for both overseas property buyers and holidaymakers considering the Caribbean Island of St Lucia . From 27th March 2011 British Airways started daily flights from Gatwick to St Lucia, increasing their schedule from five times per week. The new flights are welcomed by property developers and second home owners at developments such as The Landings, a luxury marina development in the north of the...