PropertyO News
House prices, Jun 2009
Asia ‘cautiously optimistic'
The general mood among US and European property executives who attended the Reuters Global Real Estate Summit was still somewhat subdued, according to a report from Reuters itself. Asian delegates are, however, beginning to experience a more upbeat mood in response to a projected upturn in the property market later during 2009...
Tue, Jun 30, 2009
Forced sales in auckland
Mortgagee sales in Auckland are the highest in New Zealand, with more than four times as many forced sales than a year ago...
Tue, Jun 30, 2009
State(ly) homes in nz
Tenants of state houses will shortly be given an opportunity to buy them in New Zealand. Housing Minister Phil Heatley has announced that houses will be offered to tenants at market valuations from September and Housing New Zealand will use the money to build new houses...
Tue, Jun 30, 2009
Oz halves stamp duty
Come July 1st this year, all buyers of new homes in New South Wales, Australia, will be given a 50 per cent reduction in stamp duty in a bid to kick-start residential construction, jobs and economic activity across the state...
Mon, Jun 29, 2009
Green with island envy
Owning your own island has got to be high on the list of most people's ultimate property fantasies - and here's your chance - a beautiful seven acre island off the swanky Emerald Coast in north-east Sardinia has come onto the market...
Mon, Jun 29, 2009
Optimism for us market
A growing number of overseas property investors are optimistic about the future prospects for the USA property market, with the vast majority expecting to see an industry recovery by the end of the second quarter of 2010, according to a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE)...
Mon, Jun 29, 2009
Dubai prices on the up?
The prices of some properties in the most desirable areas of Dubai are starting to creep up, agents are reporting but developments are still being delayed because of the economic crisis...
Mon, Jun 29, 2009
Spanish rescue fund
The Spanish Government has announced details of a rescue fund of up £85 billion to help the country's banks cope with a string of bad loans, including poor mortgages used to buy property in Spain, as well as help reform its banking system. But executing the plan will be difficult...
Mon, Jun 29, 2009
Thai it, you might like it
Problems such as tsunamis and anti-Government protests over the last five years have done little to discourage foreign investors from entering the Thai property market...
Mon, Jun 29, 2009
Oz prices: ‘20% rise'
Australia property prices will appreciate by close to 20 per cent over the next three years, helped on by greater activity among first time buyers, according to BIS Shrapnel's Residential Property Prospects report, which looked at figures compiled by the country's Real Estate Institute...
Fri, Jun 26, 2009