The number of approved new builds in Australia fell slightly in October but experts remain optimistic. According to propertywire.com, data from the Australian Bureau of Statistics (ABS) revealed that residential building approvals fell by 1.8 per cent last month. Despite this, approvals are at their second highest level since March 2010, Harley Dale, chief economist at the Housing Industry Association...

Florida's real estate market is continuing to do well, as prices for condos and homes in Miami have shot up this year, new figures show.  According to propertywire.com, figures from the Miami Association of Realtors have shown that the median sale price for a Miami condo has increased from $145,000 to $170,000, a rise of 17.2 per cent in the space of a year. Single family homes are doing even better,...

Hong Kong has reported the largest increase in property prices, according to the latest global house price index from the International Monetary Fund (IMF). According to the IMF report, asking prices in Hong Kong rose by 14.6 per cent in the second quarter of this year, when compared with the same quarter in 2012. According to propertywire.com, global house prices increased overall, but some real estate...

Ireland's construction industry is beginning to show strength after the debilitating crash which saw projects across the country grind to a halt, navbug.com reports.  Ireland was among the worst affected by the financial crash, seeing property values plummet to a level where many new builds became almost worthless. As such, even large scale developments - which were just days away from being completed -...

 sector is being boosted by an influx of visitors entering the country with the intention of looking for property in which to invest, reports telegraph.co.uk. New visa rules combined with low property prices are encouraging people to take holidays in the country in order to eye up possible investments. On October 1 2013, a rule was passed which granted a residency permit to any non-EU national...

Property markets across Europe have seen a boost in enquiry levels as Brits look into the possibility of buying a second home abroad, statistics suggest. The statistics, released by the Overseas Guides Company, found that there were a record number of enquiries about properties in France, Italy, Spain and Portugal during the summer of 2013. A contributing factor to this could be the interest from the...

Many Brits who are looking to sell their home will do so in order to free up cash tied up in large properties, express.co.uk reports. According to new research by Lloyds bank, almost half of those who plan to sell their house within the next three years will be downsizing, as they look to smaller properties in order to take a lump sum from their current equity. Lloyds also found that downsizing could be...

Despite the introduction of legislation aimed at cooling off the rising property prices across Asia-Pacific, mainstream house prices across the region increased by an average of eight per cent in the third quarter of the year, a study says. The report conducted by real estate consultants Knight Frank, revealed that the result of these cooling measures has been varied. In some parts of the region, the...

Measures introduced to help keep the Dubai property market from spiralling out of control appear to have had the desired effect, tradearabia.com reports.  Following a high profile boom and bust period, lawmakers in Dubai sought to limit mortgage allowances and double registration fees to prevent local property prices from rising at unsustainable levels over the coming years. It was hoped these measures...

Greek property prices have continued to drop considerably in the third quarter of the year, despite a slight improvement in the country's economic situation, central bank data revealed. Bank of Greece data has shown that apartment prices have dipped by 9.9 per cent in the third quarter, when compared with a year earlier. This contributes to an overall drop of 31.6 per cent in apartment prices since the...