Property News
How long do you need to live in Boston for it to make financial sense to buy a home?
Boston - 3 Feb 2016 23:07
The amount of time it takes to break even has gotten shorter in the past year.
New home building in Australia saw strongest ever year in 2015
Property Wire - 3 Feb 2016 19:07
New home building approvals in Australia recorded their strongest ever year during 2015, up 13.7% compared to 2014, according to the latest data from the Australian Bureau of Statistics. But they fell towards the end of ...
Record foreign investment in UK commercial property, but it is slowing
Property Wire - 3 Feb 2016 16:04
Last year saw record foreign investment in UK commercial property but a sharp slowdown in the second half of the year will make 2016 more of a challenge, a new analysis suggests. Some £67.5 billion was invested in UK co...
New home building not keeping up with demand in UK
Property Wire - 3 Feb 2016 13:44
Demand for rented homes in the UK is set to grow by 1.1 million over the next five years despite various government policies to boost home building, according to new research. The Government has a target of building 400,...
UK seeing a crisis in private rented sector due to tumble in landlord confidence
Property Wire - 3 Feb 2016 11:13
Landlords’ confidence in the buy to let sector in the UK has collapsed to an all-time low and is now worse than levels witnessed during the financial crash, according to the country’s biggest landlord association. Ri...
Draft code of practice for lettings agents released in Scotland
Property Wire - 3 Feb 2016 10:07
The Scottish Government have released a draft code of practice for letting agents which will mean a huge shake up in the industry before it comes into force in 2018. The Letting Code of Practice (Scotland) Regulations 20...
Saudi City of Jeddah Aims to Build World's Tallest Tower
Wall Street Journal - 3 Feb 2016 07:03
The builder of the world's future tallest tower hopes it will redefine the cityscape in this desert region and project the Saudi kingdom's ambition to be a global powerhouse.
Problems Dog Development of Saudi Planned City
Wall Street Journal - 3 Feb 2016 05:24
The slow development of King Abdullah Economic City underscores the challenges to economic development in Saudi Arabia that go beyond the country's current economic downturn brought on by the plummet in oil prices.
Big Property Firms Look to Expand in Saudi Arabia
Wall Street Journal - 3 Feb 2016 05:13
The world's biggest commercial property firms are seeking to expand in Saudi Arabia at a time when the kingdom's economy is going through a rough spell trying to reduce the country's historical oil dependence.