Rents in Britain have recorded their first annual drop for six years, according to the UK’s biggest estate and lettings agency. In February, the average rent in Britain was £921 a month, £5 lower than a year earlier, and the first annual decrease since 2011. Countrywide, which compiled the figures, said the buying frenzy ahead [...]
Hong Kong residential property prices appear at a disconnect with the uptrending cycle of US interest rates, thanks to strong local buying interest and rising demand from mainlanders seeking to hedge against yuan depreciation. Home prices surged to a new all time high of 148.67 for the week ended March 5, according to the Centa-City [...]
IF you’re looking for a home in Sydney or Melbourne, chances are you’re feeling frustrated, overwhelmed and irate, priced out of the market you were born to buy into. Most are quick to blame the deep pockets of foreign investors, with high demand seeing properties sell for hundreds of thousands of dollars over reserve. Recent [...]
Resale prices of non-landed private homes in Singapore rose for the fourth straight month, according to SRX Property's flash estimates released on Tuesday (March 14). Private resale prices climbed 0.9 per cent in February from the previous month, after rising a revised 1 per cent in January and 0.3 per cent and 0.6 per cent [...]
Households in Barnet are the most likely in the capital to be broken into, says a new report that ranks every borough in order of risk of burglary. Met Police crime mapping data reveals that households in the north London borough have fallen victim to 1,844 burglaries in the last 11 months. The report, by [...]
China’s housing boom is shifting from its biggest cities such as Beijing and Shanghai to provincial capitals, said Shanghai property developer CIFI holdings after the company posted a 28 per cent growth in 2016 full year net core profit. First-tier cities are gradually transforming into markets dominated by leasing activities from developing and selling because [...]
High demand, low affordability and the major banks raising home loan rates independently of the RBA have dominated property in 2016. 1. Global political uncertainty will affect Australia Brexit and Trump were quite possibly THE surprises of 2016. Expect the ramifications of both results to be felt across the global economy well into 2017. While [...]
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