Property News
Mortgage applications fall 3.5%, even as rates move lower
CNBC - 3 Aug 2016 13:00
A slight drop in interest rates was not enough to rejuvenate the mortgage market, although refinances are still elevated.
Scottish farmland values static in first half of 2016
Property Wire - 3 Aug 2016 11:02
The value of Scottish farmland remained virtually static in the first half of 2016, down just 0.2% to £4,357 per acre, according to the latest sector index. Year on year values are down 1.7% but up 26% over five years, ...
New UK residential listings bounce back after downturn in June due to EU vote
Property Wire - 3 Aug 2016 09:51
New properties listed for sale in the UK increased by 3.4% in July with 62% of towns and cities seeing an increase in supply July compared to the previous month, the latest research shows. The biggest rise was recorded i...
New home planning approvals up in London quarter on quarter
Property Wire - 3 Aug 2016 08:48
The number of planning application approvals for new homes in London increased by 46% in the second quarter of 2016 compared to the previous quarter, the latest data shows. Some 6,310 new homes were approved out of a pos...
Brazil's Hotels, After Olympics, Will Be Swimming in Rooms
Wall Street Journal - 3 Aug 2016 02:30
Brazil's hotel-industry slump is expected to continue after the Olympics, at least for the short term, and hurt the returns of the investors who have made big bets on the Brazilian economy and the hoped-for afterglow of ...
Too Many Offices Empty After Olympic Expansion
Wall Street Journal - 3 Aug 2016 01:28
Some of the Olympic-related infrastructure development in Rio de Janeiro will likely add to the glut of office space in the midst of Brazil's grueling recession.
Investors See Gold in Distressed Properties in Brazil
Wall Street Journal - 3 Aug 2016 01:27
Some international investors say there is one emerging bright side to Brazil's woes: Distress levels for some property owners are reaching the point that they are selling at steep discounts.
Rio Projects Fail to Reach the Finish Line
Wall Street Journal - 3 Aug 2016 01:26
Brazil's economy was galloping when the country won the right to host the 2016 summer Olympics. Seven years later, a novel strategy to use private real-estate development opportunities to help finance the games is unrave...