PropertyO News
House prices, Aug 2009
Taxing times
American bankers living over here in London have been so put off by the high living costs and tax increases - those earning over £150,000 a year will be taxed at 50 per cent from April next year and nondoms will have to pay a large annual fee to retain their tax friendly status - that they are selling up and heading home...
Fri, Aug 28, 2009
Top 10 us markets for 2009
The top ten US real estate markets for 2009 are not large metropolitan areas, but rather small communities with strong prospects for growth, so whilst they may not appreciate in the short term, they have the highest likelihood of long term appreciation. Check out the top ten list for what may be the best real estate markets to invest in for 2009...
Fri, Aug 28, 2009
Sales up in us
Almost a third of existing properties sold in the US in the last three months were either short sales or foreclosures, the latest figures show. But new property sales are up much higher than expected...
Fri, Aug 28, 2009
China outpacing competition
Not only is the Chinese residential property market soaring, but now the latest figures show that the country's commercial real estate sector is performing above expectations too...
Fri, Aug 28, 2009
Sa looking strong
The residential property market in South Africa appears to be coping with the global downturn although concerns about a rising number of foreclosures are increasing...
Fri, Aug 28, 2009
Dubai rents ‘plummeting'
Residential property rents in Dubai are continuing to plummet, according to the latest real estate report to be published but there are signs of some stabilisation...
Fri, Aug 28, 2009
Wellie's big deal
One of this year's largest property sales has gone ahead - but to another buyer - NZ firm Kiwi Income Property Trust's sale of BP House on Customhouse Quay for $26 million was Wellington's second-largest deal this year...
Thu, Aug 27, 2009
Lending boosted by china
Lending to property investors in the UK could be given a boost by the arrival of China's third largest commercial lender which is expanding its operation in the British market...
Wed, Aug 26, 2009
Pain in spain
The volume of new residential properties in Spain constructed is expected to fall by as much as 25 per cent by the end of 2009, according to a report by the Fundación Laboral de la Construcción...
Wed, Aug 26, 2009
Dubai delivery
Dubai property developer Damac Propertoies has announced that it intends to deliver 7,100 new properties in Dubai over the next two years, a senior company official has announced...
Wed, Aug 26, 2009