Property News
Second-Tier Malls Have Their Fans
Wall Street Journal - 19 Apr 2016 22:19
A diverse group of investors, including a U.S. hedge fund, a Canadian alternative asset manager and an evangelical Christian university led by Jerry Falwell Jr., are making big bets on beaten-down shopping centers.
Singapore Struggles With Glut of Office Space
Wall Street Journal - 19 Apr 2016 20:36
Singapore's busy skyline is getting more crowded as the supply of office space surges, driving prices lower as developers scramble to attract a dwindling number of prospective tenants.
Australian Banks Tighten Mortgage-Lending Requirements for Foreigners
Wall Street Journal - 19 Apr 2016 17:09
Australian lenders, who have enjoyed years of relatively low levels of bad debts, are losing their appetite for risk as the country's red-hot housing market shows signs of slowing and stresses mount for resources compani...
Homebuilder blues: Don't blame labor shortage
CNBC - 19 Apr 2016 16:00
A Goldman report suggests weak home construction isn't because of labor shortages.
Housing data add to signs of weak Q1 GDP growth
CNBC - 19 Apr 2016 15:05
Starts fell more than expected in March, suggesting some cooling in the housing market in line with signs of a sharp slowdown in economic growth.
Property sales in Canada reach record all-time high in March
Property Wire - 19 Apr 2016 13:06
Residential property sales in Canada increased by 1.5% in March month on month while average sale prices are up over 15% year on year, the latest index shows. The month on month 1.5% sales rise to set a new all-time reco...
Most UK borrowers reach mortgage freedom day
Property Wire - 19 Apr 2016 12:37
Home borrowers in the UK have reached the time of year when they will have earned enough to pay off the annual cost of their mortgage, research shows. Based on the average annual mortgage repayment cost of £7,584 and th...
Research shows over 35,000 high end home to be built in London in next decade
Property Wire - 19 Apr 2016 12:02
Over 35,000 prime homes are set to be built in London over the next decade, a rise of 40% compared to 2014, new research shows. The combined sales value of these properties is estimated at over £77 billion, and when com...
Irish property market recovery leads to boost in planning applications granted
Property Wire - 19 Apr 2016 11:57
In yet another sign that the residential property market in Ireland is recovering, planning permission for new dwellings increased by over 95% in the final quarter of 2015. The data from the Central Statistics Office sho...