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Us house prices up 16pc in april
US house prices grew by 16pc in April 2013, according to real estate broker Redfin, showing a "strong real estate market nationwide".
Thu, May 16, 2013
Investment watch: oh we do like to build beside the seaside
Buyers do like to build beside the seaside, according to TheMoveChannel.com’s Investment Watch. The property portal's report shows that plots of land were particularly popular in April 2013, with a building plot in the Cayman Islands attracting the highest number of enquiries on the site.
Thu, May 16, 2013
Cairo, cape town lead 20 african cities labelled as key commercial property opportunities
Cairo and Cape Town lead 20 African cities that have been labelled by Jones Lang LaSalle as key opportunities for commercial property growth by 2030.
Thu, May 16, 2013
Us house builders becoming more confident in market
A housing recovery is nothing without a natural increase in construction to meet buyer demand. The National Association of Home Builders’ latest report is therefore a promising sign for US real estate, as house builder confidence in the market climbed in May 2013.
Thu, May 16, 2013
Watch - eurozone economy in longest ever recession
There is no end in sight to the economic misery for the eurozone. The region has slumped into its longest recession since records began in 1995. Between January and March, gross domestic product fell for the sixth quarter in a row. That comes amid widespread austerity measures as governments cut back spending and raise taxes to reduce their deficits, companies lay off staff and Europeans buy less. GDP in the 17 countries using the euro shrank by 0.2 percent. That was an improvement on the 0.6 percent drop recorded between October and December last year, but still a one percent annual contraction. However the former head of the European Central Bank is upbeat. He told euronews: "Though the situation is difficult, I think we are relatively close to a time when confidence is returning, but what is growth [based on]? It's consumer confidence, investor confidence, trust, obviously and that is fundamental for investors. That is what will lead to trust really being restored."
Thu, May 16, 2013
Spain to restrict holiday rentals?
They generate an estimated 1.45 billion euros in direct income, but Spanish holiday home rentals could be restricted by a new Spanish law. The proposed legislation will restrict private owners’ rights to let out homes in an attempt to appease the hotel sector.
Wed, May 15, 2013
Investment in european real estate climbs 28pc
Investment in European real estate soared by 28 per cent in the first quarter of 2013, according to Jones Lang LaSalle.
Wed, May 15, 2013
New zealand property sales soar in april
New Zealand property sales soared last month, according to new figures from the Real Estate Institute of New Zealand.
Wed, May 15, 2013
Cyprus parliament approves property tax rise
A new property tax bill has been approved by Cypriot MPs.
Wed, May 15, 2013
Portuguese home valuations fall to four-year low
Tightening mortgage conditions have seen Portuguese home valuations fall to a four-year low, according to Cushman & Wakefield.
Wed, May 15, 2013