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UK property looks positive for those selling a house

Data released by the Royal Institute of Chartered Surveyors (Rics) today has shown that the current UK property market is in a good condition for people looking to sell a house, with prices rising and demand high. Property prices showed the strongest rise in two years last month, according to Rics, with 20 per cent more chartered surveyors reporting a rise than a fall – compared to 15 per cent in April....

New investment option launched for property in Cyprus

A new Cypriot Property Fund has been launched by investment specialist Assetz and will be aimed at both residential and commercial property investment. The fund was established when Assetz was approached by investors who wanted to invest £10 million of capital into property in Cyprus. Stuart Law, managing director of Assetz, said that the fund would make investment available for pension holders for a...

Polish property prices set to ease

The increase in prices of Polish property is expected to slow down in the coming years, according to estimates by an investment company. Grzegorz Latala, chief economist at CU Investment Management, predicts that the growth in prices will amount to around seven or eight per cent per year, according to the Warsaw Business Journal. This rate is lower than the degree of increase that is currently being...

Post-World Cup boom anticipated for UK property

Activity in the UK property market is set to increase after the World Cup, following the traditional dip that is seen during the tournament, according to haart estate agents. The company has analysed data from World Cups for the last 20 years, finding that the number of house transactions is likely to be less than the usual average during the tournament, but will pick up again afterwards. Overall, a 1.3...

Free housing fair organised in San Jose next weekend

A housing fair has been organised in the San Jose area of California next weekend. The event is due to take place next Saturday between 10:00 and 17:00 local time at the National Hispanic University, Mercury News has reported. A number of different groups will be targeted at the fair, including first-time home buyers, real estate investors, as well as those interested in consumer protection issues. Such...

Rics expands in Prague

The Royal Institute of Chartered Surveyors (Rics) has opened a new chapter in the Czech Republic's capital of Prague, it has been reported, showing the development of the overseas property market in the country. According to Overseas Property Professional (OPP), around 74 members have joined the new branch, the majority of whom are British or other expatriate professionals. The primary aims of the...

UK property rental market looking healthy for investors

The rental market for investors in UK property is currently a healthy and potentially lucrative option, according to the latest reports from the Association of Residential Letting Agents (Arla). London and the south-east are the best areas for investment, with rents also rising in the south, the association states. Overall, Arla reports that the results of its latest quarterly survey of member letting...

Rising prices could prove welcome for those selling a property

People considering selling a property could welcome news today that prices of houses in the UK are currently on the increase. The latest government statistics show that UK house price inflation rose from 3.3 per cent in March 2006 to 5.1 per cent in April. Between March and April, overall price levels rose by 0.9 per cent, compared to a 0.8 per cent fall that was measured in the same period of 2005....

Easing New Zealand property prices reduce pressure on buyers

Prices of property in New Zealand have seen a reduction in their rate of growth for the fourth month in a row, according to figures from property valuer QV. Across the country, property values rose by 12.4 per cent for the 12 months to May, to an average price of $327,779 (£112,391). This rate of increase is lower than the 13.1 per cent rise in prices that was measured in April. Blue Hancock,...

World’s greatest real estate seminar announced

A conference open to overseas property investors has been announced, with the organisers claiming it is the "world's greatest real estate seminar". The event will take place in Dallas, Texas in the USA between July 21st and 23rd and will feature a panel of experienced investors who intend to reveal their strategies on the best ways to "get rich in real estate". Much of the information available about US...