Search

Indian Real Estate Market Decreasing

Recent figures showed that it has been a slow start to 2011 in one of India’s major cities.  Property sales in Mumbai fell in February for the second consecutive month with buyers uncertain about buying after sharp price rises and recent interest rate increases. Sales in Mumbai down in early 2011 According to a report by Prabhudas Lilladher, sales registrations in Mumbai are down 22 per...

Sterling Braces As UK Data Released Today

Sterling has dropped sharply over the weekend against the Euro but moved in the opposite direction on the US Dollar gaining in strength. This matches the weekly trend with the Pound now 0.99 percent lower on the Euro and 0.96 percent higher on the US Dollar than a week ago. The economic impact of the Japanese earthquake and following intervention by the G7 to weaken the currency is being closely watched...

British Buyers Keen On Australian Real Estate

Online searches for property in Australia have more than doubled over the last two months as increasing numbers of Brits head to the web to search for property in warmer climates. According to research from a leading overseas property website, searches for property in Australia increased by a staggering 114 per cent whilst searches for New Zealand property rose by 91 per cent. Increasing numbers looking...

UN Secretary Behind Turkish & Cypriot Talks For New Government

The United Nations Ban Ki-moon is the stimulus behind talks between Turkish Cypriot and Greek Cypriots which are taking place this week, The talks between the two sides may see an agreement for a single government to control the disputed area. The plan would would help to see an end to the disputes that have blighted Turkish Cypriot land and property rights.   The United Nations-sponsored talks seek...

Germany France & Nordics In House Price Recovery

Property markets across Europe are, on the whole, recovering.  That is the conclusion of a new report from the Royal Institute of Chartered Surveyors (RICS) which outlines dramatic differences in property performance across the continent. Whilst some countries are booming, others are still experiencing a tough property market, the report found. Property in France rising in value in real terms The RICS...

UK buyers Head To Australia & New Zealand Property

There are many great reasons to consider buying property in Australia or New Zealand.  Now, a leading property expert has outlined some of the most common reasons why Brits buy in those countries, as figures show that increasing numbers of foreign buyers are heading Down Under. Great reasons to buy in New Zealand and Australia The FT Money journalist Tanya Powley, recently outlined reasons why Brits are...

Property in Greece Getting Cheaper

The cost of buying your dream Greek home could fall over the next couple of years.  That’s the conclusion of a report by Fitch Ratings which says that the cost of buying homes in Greece is expected to fall by up to 15 per cent over the next two years. Rises in repossessions as a growing number of people fall into arrears on their mortgage payments is expected to result in lower property...

Spanish Low Property Prices Extends To Golf Resorts

Property in Spain has always been attractive to the British and now with Spanish property prices at an all time low even Golf Resort property is available at exceptionally low prices.   Examples of brand new homes that are available at prices that would not buy you a studio apartment in the UK are in abundance. At one established 18-hole course in Murcia, completed key-ready two bedroom homes are...

Malaysia Boasts Highest Property Price Rises in a Decade

Malaysia’s property market is booming, with 2010 recording the strongest house price increases since 2000.  A strong economic recovery and increased political stability have helped the nation’s property market bounce back after a troubled 2009. Malaysian house prices rise sharply in 2010 According to figures from the Bank Negara Malaysia, the national house price index rose...

Canadian property prices and sales to rise

Recent forecasts from the Canadian Real Estate Association (CREA) have predicted that property prices will rise in the country in 2011 and the number of sales will increase. As the economic recovery continues and consumer confidence improves, the CREA expects the nation’s property market to improve this year. Values expected to rise later in 2011 Gregory Klump, chief economist at CREA said:...