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Latest Property News
Oz bubble to inflate?
Experts are warning that the Government's mortgage relief scheme may further inflate the property bubble at the lower end of the market, because a growing number of owners of property in Australia are struggling to keep up with their mortgage payments...
Thu, Apr 09, 2009
Oz buyer grant ‘drying up?'
The first time buyer grant offered by the Australian Government has been hugely popular and thousands of buyers have already taken advantage of it - but now, there is concern that demand is exceeding supply and the pot of cash is running out - possibly signalling an end to the slight improvement in the country's property market...
Wed, Apr 08, 2009
New laws for dubai
A new real estate law amendment is to be introduced in Dubai to clarify what happens when a property buyers defaults on payments...
Wed, Apr 08, 2009
Commercial loans owed in USA
Commercial property loans in default or foreclosure in the US rose in the first quarter of this year as the recession cut occupancies and the credit crisis halted refinancing...
Wed, Apr 08, 2009
Oz cuts interest rates again
The Reserve Bank (RBA) has cut interest rates by 0.25 of a per cent (25 basis points) taking the official cash rate to a historic low of 3.00 per cent...
Wed, Apr 08, 2009
Churches make heavenly homes
Unwanted churches are often full of historic and architectural charm, lending themselves to become amazing homes...
Wed, Apr 08, 2009
Auckland's market on the up
Sales activity has picked up in Auckland's property market, suggesting that life is starting to come back into the New Zealand property sector...
Wed, Apr 08, 2009
Developers eyeing up cape verde
With the Cape Verde property market holding up well despite the economic crisis, a growing number of British developers are eyeing up huge build programmes in the archipelago, which is located 375 miles from the coast of Senegal...
Wed, Apr 08, 2009
Golden years ‘best in nz'
Many people dream of retiring abroad to a country with a slower pace of life, cheaper living costs and far more sunshine than in the UK - and now a new study has found that pensioners in New Zealand are looked after far better by the Government than in any other country, including the world's richest nations...
Tue, Apr 07, 2009
Strong growth in oz's affordable areas
Five of the 10 fastest-growing local Government areas in Melbourne, Australia over the past six years have been affordable ones...
Tue, Apr 07, 2009