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SEOUL TAKES GLOBAL PROPERTY PRICE-HIKE TOP SPOT 14.05.18Residential prime property prices in key cities around the world increased by an average of 4.8% in the year to March 2018, led by Seoul and with Asia Pacific cities taking five of the top 10 rankings. Prices in Seoul…
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SPAIN’S PROPERTY MARKET IN RECOVERY WITH TRANSACTIONS RISE 04.05.18
The recovery in home sales in Spain is well underway, with transactions rising across many parts of the country. According to the Land Registry figures, the number of sales increased by 18% in February compared to the same month last…
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STAMP DUTY CUT HELPS LOWER HOME BUYING AGE ACROSS THE UK 30.04.18
Some 69,000 first time buyers have benefited from the abolition of stamp duty tax since it was introduced by the UK Government last November. The official figures covering the period until the end of March 2018 show the numbers who…
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OVERSEAS BUYERS THE CAUSE OF SKYROCKETING UK HOUSE PRICES 23.04.18
Foreign real estate investment has pushed up home prices by more than a quarter in the UK, according to a study by King’s College London (KCL). The most recent data shows that, had there been no foreign investment, average home…
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TRADE REDUCTIONS HAVE NEGATIVE IMPACT ON ABU DHABI PROPERTY MARKET 16.04.18
The downsizing of several large companies, limited economic growth and a number of trade mergers is having a negative impact on Abu Dhabi’s real estate demand. According to the most recent analysis from real estate firm Asteco, rental values for…
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MAYFAIR OVERTAKES KNIGHTSBRIDGE AS LONDON’S PROPERTY HOTSPOT 09.04.18
Knightsbridge is no longer London’s top address due to a lack of new homes provision, outdated stock and constrained supply. The famous London district has been overtaken by Mayfair as the prime property spot – according to research of the…
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POOR PERFORMANCE PREDICTED FOR US HOUSING MARKET THIS SPRING 03.04.18
Rising mortgage rates, a shortage of inventory and a new tax law that reduces incentives for homeownership are predicted to have a negative impact on the US housing market. In recent history, around 40% of U.S. home sales within any…
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GOVERNMENT TO TACKLE ‘UNDESIRABLE’ PROPERTY SALES TACTICS IN HONG KONG 28.03.18
The Hong Kong government has announced it will introduce new measures to deal with the ‘undesirable’ sales tactics of developers selling flats in Hong Kong. The new measures will include steps to prevent buyers being encouraged to bid against each…
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PORTUGAL RECORDS SIGNIFICANT INCREASE IN WEALTHY BUYERS 20.03.18
Housing markets in Portugal’s beachside cities are fast rebounding from the 2007-08 property crash as more wealthy people are being attracted to the beautiful coastline than ever. The opportunity to easily obtain a residency permit through the Global Visa Program…
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