UK landlords more upbeat about the private rented property sector but say lending is too tight
Private property landlords in the UK are upbeat about the rental sector and more confident than they were a month ago about the outlook for 2010
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Cash rich property investors looking to buy discounted second homes in traditional hotspots
The overseas second home market in 2010 is likely to be characterised by cash rich, lifestyle property investors who will take advantage of lower prices in traditional holiday hotspots, according to a new report.
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UK property market sees first sustained shift for two years as supply outstrips demand, report shows
Supply is outstripping demand in the UK property market in the first sustained shift in the sector for two years, according to a new report.
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Slight pick up in property sales in Cyprus, latest figures show
Property sales in Cyprus are starting to pick up but are still very slow, according to the latest figures published by the island’s Lands and Surveys Department.
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NZ sees surge of property on market as buyers become more cagey, reports show
The number of new properties on the market in New Zealand surged in February but buyers are becoming more cagey, according to the latest monthly real estate reports to be published.
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Property prices up in US in February with increased foreclosures not harming the market, report says
Residential property prices in the US increased 5% in February from a year ago despite an incoming wave of real estate owned property that lenders are dumping on the market.
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China has largest property investment market in the world after US slumps 64%, report reveals
China overtook the US as the world’s biggest property investment market last year and will probably keep the lead in 2010 on economic growth and a lower reliance on debt, it is claimed in a new report.
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Fears that US tax credit stimulus is not increasing real estate sales
The latest US home buyers tax credit aimed at stimulating the country’s residential property market is doing little to increase sales, according to real estate agents.
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UK residential property saw unexpected price fall in February, index shows
An increase in the number of properties available for sale led to residential real estate prices unexpectedly falling by 1.5% in February, the first drop since June last year, according to the latest index.
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Property company that hoped to be quids in with cultural investment goes into liquidation
European Property Management Ltd, a company set up to raise funds to invest in real estate in cities with upcoming European Capital of Culture status, it to be wound up in the public interest.
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An ageing population will have a significant impact on UK residential property market, report shows
An explosion of grey hair has significant implications for the future of retirement properties in the UK and the wider residential real estate market, it is claimed.
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End of real estate tax breaks in Thailand will see price of new property rising in April
Thailand will not renew property tax breaks when they expire at the end of March as the economy is recovering and developers are returning to normal profits levels.
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Irish commercial property market still challenging but confidence improving, report shows
Signs of rental and yield stabilisation have begun to emerge in the Irish commercial property market but conditions remain challenging, according to a new report.
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Analysts say there will be no property price increase in the US for several years
The rate at which residential property prices are dropping in the US may be slowly coming to a halt across the country but are unlikely to rise in the near future, according to analysts.
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Growing glut likely to slow Spanish real estate market even further, it is claimed
A glut of new properties in Spain shows that the real estate industry is unlikely to recover quickly as over supply still clogs the market.
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Property investors in Dubai adopting a more cautious approach post global crisis
More real estate buyers are seeking legal advice before investing in property in Dubai because of increasing concerns over security, it is claimed.
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Improved outlook signalled for Malay property market as govt outlaws dodgy developers
The Malaysian property market is expected to improve further in 2010 in line with the economic recovery, it is claimed.
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Luxury real estate in central London post further increases, latest index shows
Luxury real estate prices in central London jumped 17% in February from a year earlier, the biggest gain in almost two years, as more buyers competed for a dwindling number of properties, according to a new report.
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Office property rental markets saw steep declines across the globe in 2009, report shows
Weakness and recession hit office property markets in every corner of the world in 2009 with South America and the Middle East performing best, according to a new global report.
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US and Japan to lead pick up in distressed properties, new report says
Real estate professionals expect the number of distressed properties coming onto the market to increase in 19 out of 25 countries with the US, Japan, China, Germany and the United Arab Emirates seeing the most sector growth, according to a new report published today.
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Snow and end of stamp duty holiday leads to first property price decrease in the UK for nine months
Snow and the end of the stamp duty holiday led to UK residential property prices falling in February, the first price decrease for nine months, but it is too early to say if it is the start of a downward trend, according to analysts.
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Real estate rent bubble in Nairobi threatens US style property crash, it is claimed
Real estate investors who bought property in fashionable suburbs of Nairobi to rent out are facing trouble as a price bubble hit the market, it is claimed.
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Higher property taxes for Hong Kong as government warns it is monitoring speculators
Hong Kong’s new fiscal budget for 2010/2011 includes additional taxes to reduce volatility in the property market and monitoring of speculators.
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Influential institution calls for more transparency in the UK property industry
There are significant gaps in transparency of professional fees in the UK property industry and consistent and comprehensive regulation of the real estate sector is needed, it is claimed
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Dubai real estate market not likely to recover until 2011, chief executive claims
The head of Dubai’s second largest developer, Deyaar, believes that the real estate market in the emirate will post a recovery in 2011, the third year after its initial crash.
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