PropertyO News
House prices, Sep 2009
‘subdued' dubai market
The Dubai property market will remain weak to stable over the next year or so and could face further price falls, according to investment bank, EFG-Hermes...
Wed, Sep 30, 2009
Florida shows its resilience
Abandoned condo developments in once-booming Miami epitomize the quagmire gripping the Florida real estate market - housing values are projected to fall drastically across the state - on the surface offering attractive opportunities to value minded investors - but when will the carnage end? Even tourist mecca Orlando is swamped with vacant properties as the numbers of new buyers attracted to the market by federal incentives can't stem the tide of foreclosures, while the rise in residential sales still fuels hopes of sunnier times ahead...
Fri, Sep 25, 2009
Us price recovery
Residential property prices in the US are nearing the end of a three-year slump and should rise in 2010, but the overall economy can rebound even if the housing market does not, according to economists...
Fri, Sep 25, 2009
Japanese land falls
The price of land in Japan had dropped considerably as the recession discouraged investors and developers found funding cut off by a tighter credit regime...
Thu, Sep 24, 2009
Scandinavia mania
The property market in Scandanavia is beginning to bottom out although real estate prices in some Nordic countries will continue falling, it is claimed...
Thu, Sep 24, 2009
Poland hotting up
The volume of residential properties in Poland sold in the first half of 2008 increased by 6.5per cent year-on-year and by around 33.4per cent compared to the same period in 2007, according to fresh data...
Wed, Sep 23, 2009
China prices on the rise
The average price of a China property in the country's 70 large and medium-sized cities appreciated by 2per cent in August 2009 compared to the same month last year, according to data from the National Bureau of Statistics...
Wed, Sep 23, 2009
Germany hotting up
Newer property in top German locations such as Hamburg, Munich or Frankfurt represents a good real estate investment, according to a new report...
Tue, Sep 22, 2009
Italy improving
The Italian property market is showing the first signs of recovery, say two of Italy's most established estate agents groups, Gabetti and Tecnocasa, both of whom found that prices have started stabilising across the country, even though sale volumes remain a lot lower than in the past...
Tue, Sep 22, 2009
Golden state dips
California's median home price dipped slightly in August, down 0.4per cent from July. It's now $249,000, down from $250,000 in July...
Tue, Sep 22, 2009