REAL ESTATE

New Australian Home Buyers Aren’t Convinced

The key to blowing up a successful asset bubble is that you must constantly attract new money into the asset class you're trying to inflate. By that standard, yesterday's Australia's housing finance figures were better than expected but worse than required. The numbers were up. But new home buyers have not yet been bullied into the market by lower rates.

The UK's two-tier housing market

The UK housing market remains weak. But with the UK economy on the edge of another recession, the surprise is that the housing market has not fallen more. And central London is booming.

Strong Housing Market in Chile

Property prices are rising quite strongly in Santiago, Chile's capital. The average "real" price of a new house in Greater Santiago rose by around 9% y-o-y to January 2013, according to the Chilean Chamber of Construction (CChC).
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Why You Should Be Looking at Chinese House Prices

China's official purchasing manager's index expanded in February. It read 50.1, according to the China Federation of Logistics and Planning, and anything over 50 indicates an expansion. It's also a fact that the February reading was lower than the January reading. Cue the nerves about the strength of China's expansion.

London Tops List of Most Expensive Office Locations in the World

Some things do not change. One of them is continuous rivalry among cities when it comes to the title of the most expensive office space. The highest prices give not only the prestigious title, but show which destinations are popular. And, to cut a long story short, London was awarded with the prominent title of the most expensive office space in the world, regaining it after several years.

First Home Buyers Not Interested in the 30 Year Debt Trap

What's this? First home buyers are not interested in taking out a loan to buy an overvalued property? The Australian Bureau of Statistics released data yesterday showing that loan approvals fell 1.5% in December, to the lowest level in three months.

The Effect of Homeowners Associations on Sustainability

The concept of an Homeowners Association, or HOA, isn't one that typically comes to mind when most people think of sustainability. We see more and more horror stories in the news nowadays of homeowners slapped with hefty fines for growing gardens on their own property, or even thrown in jail for daring to keep a cistern in their backyard.

Australia’s Housing Market Looking Not So Perky

The RBA's interest rate cuts don't seem to be working. It's a bit player in the global currency war, and Australia's economy will suffer the consequences. Manufacturing's woes are well known. But the RBA's move to ultra-low interest rates was supposed to perk up Australian house prices, and therefore the housing market.

List of U.K. Most Expensive Residential Streets Revealed

Even though the U.K. saw house prices drop for a sixth month in December, it has still true jewels which cannot be described as cheap and average at all. Lloyds TSB issued its annual list of most expensive streets in the U.K. Not surprisingly, London has once again outperformed other cities in the competition as all from the top ten are located in the capital of the U.K.

Mortgage Choice CEO Sheds Light on Commission Details

In response to a weekend news article that claimed mortgage brokers fail to adequately disclose to customers the commissions they receive from lenders, Mortgage Choice CEO Michael Russell, one of Australia's largest independently-operated firms, seeks to set the record straight.

AWU Melbourne Property Scandal: PM Julia Gillard Reiterates Stance

Prime Minister Julia Gillard has denied reports she was aware of a Melbourne property that was bought on money allegedly pilfered from union coffers, insisting that her role as lawyer for the Australian Workers Union (AWU) was strictly on setting up its ‘slush fund’.

New Domain Chinese Launches

Domain has launched Domain Chinese today, the first property magazine for the Sydney Chinese community that not only features listings, but also editorial content as well as statistics and tools for the property investor.

Vietnamese Housing Market’s Amazing Slump

Vietnam is facing a housing catastrophe. A disastrous slump has overtaken its housing market. The government is embarrassed, the banks are bankrupt, and the economy is in a mess.

New Zealand's Property Market Buoyant

Residential property prices in New Zealand have continued to rise in the third quarter of 2012. The national housing median price rose by 6% to NZ$371,000 (US$304,168) during the year to September 2012, according to the Real Estate Institute of New Zealand (REINZ).

Sri Lanka’s Housing Market Remains Healthy

Sri Lanka's house price rises continue, as security issues get sorted out. There's no official house price data in Sri Lanka, but developers and homebuyers confirm there have been double-digit property price rises.

SEO Tips For Real Estate Agents

Having worked as an SEO consultant for many years, i first got into the game doing SEO work for many of Victoria's real estate agents.

Has the Dubai Property Market Recovered?

Over the 16 weeks leading up to August 26, Dubai saw a bullish market driven by property. On Sunday August 12, Nakheel announced that demand was expected to remain high for properties on the island. The Dubai developer made the statement as it announced the sale of a 305,704sqft plot for Dh1,302 ($520) per square foot to an unidentified local investor.

No Letup in Global Housing Market Downturn, Aggravating European Crisis

www.globalpropertyguide.comNo end to the global housing market downturn is yet visible, except probably in the US, according to a survey of global house price trends by the Global Property Guide. Asia is weakening, and house price falls in the worst-hit European crisis countries are dramatically accelerating.

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