New Site To Change How Australians Buy And Sell Homes
NSW home owners can now easily gauge market interest for their property without committing to sell by registering with Nextforsale.com.au, an online platform launched this week.
What Makes Australian Property a Smart Investment?
Australia remains one of the most sought-after countries on international property portal TheMoveChannel.com. Sydney, Perth and Melbourne are all high on the wish list of Down Under destinations. But what makes Australian real estate a smart investment?
SMSFs Enter the Great Australian Property Debate
Australia's property debate is turning into an all-out war. The property spruikers are taking a beating from all sides these days. How times have changed.
Australian Housing Market: Mortgage Lending in the Spotlight
The Federal Reserve's surprising decision to keep QE going at its current rate is still front page news. While the US fiddles with monetary policy to meddle with house prices, the Australian government is set to interfere with banks in order to manipulate mortgage lending. If you've been reading the Daily Reckoning for a while, you know we are sceptical that government action like this produces the intended outcome.
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Investing in a Serviced Apartment
Thinking of investing in a serviced apartment? Here's a quick synopsis of why it's a good idea.
Most Expensive Home in Australia with A $60M Price Tag in Sydney
The priciest house in Australia has a $60 million price tag.
Construction of New Government Buildings in China Take Backseat, Australia Likely to Be Hit
Construction of new government buildings in China will be taking a backseat in the next five years as part of latest measures to curb unnecessary spending and corruption in the whole country.
Move over Burj Khalifa, China’s Began Building What Could Become World’s New Tallest Structure, Current Top 10 Tallest By Category (PHOTOS)
The world of construction and architecture is abuzz now that China had begun building what could topple Dubai's Burj Khalifa and become the world's tallest structure.
Housing market slowly recovering in Australia
Australia's housing market is showing signs of recovery, backed by lower interest rates and improving affordability. The house price index for 8 capital cities rose by 2.6% (0.1% in real terms) during the year to Q1 2013, according to the Australian Bureau of Statistics (ABS). It was the second consecutive quarter with a nominal y-o-y increase, after a series of price drops since Q2 2011.
Brazil house prices continue to rise, albeit at a slower pace
Brazil remains one of the world's strongest housing markets, though house price increases are decelerating sharply. Brazil's composite FIPEZAP house price index rose by 11.9% (5.1% inflation-adjusted) during the year to end-May 2013, lower than the year-on-year increase of 19.9% seen over the same period last year.
Dubai Makes Another Architectural History With Opening of World’s Tallest Twisted Tower (VIDEOS)
Dubai made another world record last week with the opening of the Cayan Tower, the tallest twisted edifice built at the soaring cost of $272 million.
UK Saw Home Prices Increase in May, Nationwide Reports
The property market is slowly recovering as the mortgage lender announced that the UK saw home price increase mildly in May. In fact, the country witnessed the fastest annual rate in 18 months as official initiatives started bearing fruits.
Australia Backs Convicted Matt Joyce and Marcus Lee in Dubai Appeals Court
Foreign Affairs Minister backs property exec's appeal for acquittal
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).
China Sees Home Prices Climb in February
Newest data showed that China witnessed an increase in new home prices in 66 of 70 Chinese major cities in February, raising concerns over the prospects of economic growth. Unquestionably, the new leadership will have to face all challenges caused by increases in new home prices and real estate speculation.
Fairfax Unites Commercial Property Media Assets Under Powerful ‘Commercial Real Estate’ Brand
Fairfax Media has today announced that the Commercial Real Estate brand will be adopted for all commercial property media assets across print and digital via commercialrealestate.com.au
CEO of REA Group invests in Real Estate Software Company “HOUSL”
HOUSL last week announced that Greg Ellis, the CEO of REA Group (RealEstate.com.au) has invested in the HOUSL business.
China’s Housing Trouble Heats Up
They stretch across the outskirts of dozens of major urban areas, criss-crossed by empty highways. The rows of modern skyscraper apartments are all sold to absent investors. There's little doubt these scenes create compelling television.
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.
The Housing Recovery Producing A Nation of Serfs
'Wall Street is running a new profit game,' writes Shabnam Bashiri, 'by buying foreclosed houses and renting them back to their former owners.'
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.
Tubbataha Reef Tweets of Donald Trump Son: Sordid or Gutsy?
It seems that comparing the price of a US minesweeper and a marine sanctuary is never a good way to earn public appeal as Filipino netizens take on Twitter in response to Donald Trump Jr., reports Inquirer.net.
Dubai Recovering Fast, Abu Dhabi still Depressed
After three years of house price falls, Dubai's housing market is now recovering fast, while its neighboring Abu Dhabi, UAE's capital, is still struggling.
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.
How Hurricane Sandy's Aftermath Will Affect the Housing Market's Recovery
Hurricane Sandy has the undesirable distinction of being one of the ten most expensive hurricanes in US history. In the days before Sandy impacted, it was forecast to be 'large, slow-moving and no doubt very costly.'
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.
Dubai Revives Three More On-The-Shelf Real Estate Projects
Development in Dubai froze or stalled in many cases following the 2008 crash. But gradually, Dubai's property market has started to recover and stalled or partially shelved projects are return.
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.
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