Residential property sales in Canada rose by 2.8 per cent in August, new figures show. According to propertywire.com, housing activity in Canada is up 11.1 per cent compared to the same period last year, say figures from the Canadian Real Estate Association (CREA). The average house price has also risen and is up eight per cent from last year, meaning the average home is now worth $378,369. CREA's chief...
New data has shown that property values in Australian capital cities increased by 1.6 per cent in September, with Sydney and Melbourne leading the rise. According to propertywire.com, the RP Data and Rismark International Index showed that in these two cities, house prices are up by over two per cent - displaying the strongest housing market Sydney and Melbourne have seen in years. Residential...
The Turkish government is considering cutting red tape to encourage more overseas investors, according to propertyshowrooms.com. The property market has apparently struggled in Turkey since the country was hit by the financial crisis. The law was changed in May last year to make it easier for foreign nationals to purchase property in Turkey, in a bid to jump start the market. The result of this was...
Spain's property woes could be on the way out, according to some forecasters. The country - which is historically seen as a haven for British buyers looking to find homes in the sun - was among the worst hit in Europe's financial crisis, eventually seeing developments stall and investors withdraw, propertyguru.com reports. These woes could now be a thing of the past, however, thanks to a series of events...
Ageing Brits may be wise to find homes in Sweden for their retirement, after the country was named as the best in the world for treatment of the older population. The annual Global AgeWatch Index looked into the quality of life for the elderly in 91 countries across the world. It found that Sweden was the greatest for care of the aged, whilst Afghanistan ranked worst, huffingtonpost.co.uk...
Building standards in India are being called into question with yet another building collapse which took place in Mumbai. Todays victims include three people who lost their lives and 22 families trapped in the rubble of the five-storey building Building collapses are rare in the West but in Indian they appear to be on the increase. The evidence suggests that it's not only government building subject to...
The US property market is continuing to show health, as average prices rose by 0.4 per cent between July and August, propertywire.com reports. According to the Zillow Home Value Index, American properties now cost an average of $162,100 (ã100,821). Whilst this only represents a 0.4 per cent monthly increase, the annual growth is closer to 6.6 per cent. This makes for the largest gain seen since July...
Luxury properties in South Africa are attracting more foreign buyers as property prices are currently very attractive to overseas property investors. According to propertywire.com, property prices in South Africa are so low thanks to good exchange rates. Experts say they provide a good return for those hoping to make some money from holiday lettings. British buyers are particularly attracted to luxury...
A new law allowing non-EU property investors to be granted residency in Spain has been tipped to reignite the country's property market. The Spanish government recently drafted a bill stating that investors who spend at least 500,000 euros on real estate will be granted residency. It is believed that this will attract plenty more investment from abroad boosting property prices, as similar law changes...
The UK is still in love with overseas property and proof comes in the form of the continuing success of A Place in the Sun Live, an exhibition taking place at the NEC Birmingham UK on 27th - 29th September 2013. The UK most popular live event is backed by Channel 4 Television show where presenters Amanda Lamb, Jasmine Harman, Jonnie Irwin and Laura Hamilton demonstrate what is available to...