The New Zealand property market has been "transformed" by the internet, according to a survey by online analysis company Nielsen Net Ratings.Significant changes have taken place in the market, the study claims, largely owing to the way in which prospective overseas property investors are now able to search for homes online.Some 86 per cent of people polled in the research said that they considered the...
Overseas property investors who have bought homes in Auckland, New Zealand, will have seen a gain on their outlay last month, with the average price of a home increasing to NZ$487,229 (£159,272).Figures from real estate company Barfoot & Thompson show that this is an increase of 3.3 per cent compared to June, as well as being the highest average price recorded in 2006 and the second highest the...
A new poll has found that the lure of purchasing overseas property is steadily becoming stronger for British people, with gradually higher numbers expressing an ambition to move abroad.The survey, carried out for the BBC by ICM Research, found that the majority of the 1,000 people polled said they had considered emigrating.This is consistent with a study taken in 2003, however, the number of people hoping...
The capital continues to be the most active and thriving area of the UK property market, according to a new report, with prices growing by 2.5 per cent in July.Property agent Knight Frank states that prices in London are now 20.6 per cent higher than they were this time last year, providing good news for homeowners considering selling a property.One of the reasons behind the booming prices is City workers...
Investors in French property are set to see a positive return on their investment, following an announcement that the country's economy is headed for strong growth this year.Finance minister Thierry Breton told journalists that the French economy is currently performing to expectations.Mr Breton said that the figures for the second quarter of 2006, which will be released on August 11th, are expected to...
The Mexican property market is gaining an advantage from the amount of inward investment coming into the country, according to a new report.Some $11.6 billion (£6.15 billion) of private investment in the country's tourism sector has led to the property market in the country gaining a lot more exposure to overseas investors.The latest Sectur report on the topic found that the central American...
The details of a new conference for overseas property investors have been announced â the MIPIM Asia show will begin at the Hong Kong convention and exhibition centre on September 26th.This date will host the pre-opening ceremonies for the event, which will fully open its doors to the overseas property market from September 27th to 29th.Over 100 exhibitors from 23 countries and 1,500 delegates...
Bulgaria's progress towards accession to the EU, a development which could make the country's property market substantially more accessible for overseas investors, is moving forward well, according to an EU official.Justice and home affairs commissioner Franco Frattini said that he was "more optimistic" about the country's progression following his most recent visit, according to Overseas Property...
Now could be a good time to sell up for those people looking to leave the UK and invest in overseas property, the latest figures suggest.Nationwide has released data that shows that house prices in the UK rose by 0.8 per cent during July, as the summer saw house prices join temperatures on the rise.This summer is also a considerably better time to sell than the same summertime period of 2005, when house...