UK Government housing programme on target
Government plans to reform social housing supplies throughout the country are not only on track but are set to beat the target number of new homes before the agreed deadline.
US property prices in question
Despite the massive price falls affecting the USA real estate markets research shows that some property owners are still asking over inflated prices when looking for a buyer.
Demand outstrips supply in London property market
Several leading property price indexes agree that Prime Central London property prices have increased by around 9 per cent so far this year and according to agents working within the capital that trend is set to continue for the remaining months of 2011.
Strength of Canada’s real estate markets
The level of sales for Property in Canada continues to rise as the country enjoys a surging economy and increasingly appealing interest rates that are looking to remain at their present level for the time being.
More choice for UK FTB’s
During June the number of UK mortgages designed to attract the First time buyer sector of the UK property market increased by nearly twenty per cent according to recently published research.
Builders buying flood damaged homes in Brisbane
Six months after the devastating floods hit the homes in the Brisbane area of the Australian property market buyers are beginning to return to the real estate offices in order to buy the type of home that until now would have been beyond their means.
Mixed forecast for property in Canada
Specialists studying real estate in Canada are confident that the markets will not suffer a huge price adjustment similar to the one suffered across the USA real estate markets.Although the country’s experts agree price increases have been swift in the months following the global finance crisis they also firmly believe that the economy is healthy enough to sustain current property values although prices are expected to stabilize in the coming months.
Mark Carney, Governor of the Bank of Canada, suggested a bubble was forming across the property markets and pointed to the whole affordability issue for prospective home buyers that could lead to price depreciation of up to 25 per cent by the end of 2014.
Other opinions suggest that the balance of property prices versus the levels of income could be out of kilter form some time without a collapse occurring.
French property still popular with Brits
French mortgage lenders continue to offer 100 per cent LTV finance for buyers of French property and although lending criteria has been tightened there are still some excellent fixed rates available and the take up by British buyers is on the up.
UK house prices face uncertain future
The direction of UK property prices in the next few months remains uncertain depending on which part of the country you live according to a survey of UK property owners.
Revival of luxury Spanish properties
One area of the troubled Spanish property market that seems to be enjoying a mini sales boom is the luxury villa sector. Sales at the upper end of the property market are building as the year develops.
Rental market shortage in UK
Demand for rented accommodation is running at record levels across the UK property market and stock levels are in short supply according to letting agents up and down the country.
Analysts growing confidence in USA properties
USA real estate experts are quietly confidant in the future direction of property prices as the year pans out and the amount of foreclosure properties starts to drop.Shaun Donovan,
Sydney real estate investors corner FTB’s market
First time buyers looking to purchase a property in Sydney are struggling to compete with cash rich investors as the availability of homes at the lower end of the market remains in short supply.Investors fed up with the lack of success on the stock market are turning to the Sydney real estate arena to capitalize on the strength of high rents currently affecting the market place. Inner city apartments traditionally popular with young professionals looking to live near their workplace are being sought by investors who can realize healthy profits on their initial investments.
As the number of investors increase so more new buyers are being edged out of the market as they do not generally have access to further funds to offer a higher price to secure the sale, the presence of more buy-to-let investors is continuing to push property prices ever higher.
Spanish property boost from Giant theme park
Spanish property agents based in Murcia have already noticed an increase in residential sales following the announcement from Paramount detailing the construction of a theme park that will rival Eurodisney.
Too expensive to leave home in Melbourne
According to several recent reports on the condition of the Melbourne real estate markets the next ten years are unlikely to see property prices deviate from the current levels.