Is the US property market going backwards?
Much has been made about the US property recovery in recent months, but new data suggests conditions may not be as positive as initially believed. Fitch Ratings claim high interest rates on home loans...
View ArticleResidential mortgages increasing Australian bank risk
The Australian banking system could be at risk due to its high concentration of residential mortgages. Moody's Analytics manager director Tony Hughes explained that the sector is vulnerable to possible...
View ArticlePortugal remains in the 'doldrums'
Despite the release of relatively positive data for Q2, Portuguese property is still in a slump. The Global Property Guide reported that major factors remain weak, with the average property price in...
View ArticleHigher US mortgage interest rates slow market
The US property market is being slowed by high mortgage interest rates, according to new figures from the National Association of Realtors (NAR). The Pending Homes Sales Index showed a drop in...
View ArticleNar applauds US second mortgage reform discussion
The National Association of Realtors (Nar) has applauded officials for encouraging discussion on reform to the second mortgage market for US property. In a statement, Nar president Gary Thomas welcomed...
View ArticleMortgage middlemen cashing in on UAE property market
As the UAE property market strengthens, mortgage middlemen are cashing in. With homeowners no longer unconcerned about the small print on their loans, many are going in search of better deals and...
View ArticleSpain gains ground in property popularity stakes
Spanish property is gaining ground in the popularity stakes, attracting more and more overseas buyers as house prices fall. According to Conti , Spain is the second most popular destination for...
View ArticleUS house sales hit six-and-a-half year peak
House sales in the United States hit a six-and-a-half year peak in August, according to figures from the National Association of Realtors (NAR). The organisation’s report also indicated that median...
View ArticleAustralian building recovers, but lending slips
The Australian property sector is witnessing a return of new builds, but unfortunately this has coincided with a drop off in lending. Figures from the Australian Bureau of Statistics showed the total...
View ArticleSpain catching up to France in popularity stakes
UK buyers have always favoured France when investing in international property, but Spain is swiftly closing the gap. According to mortgage specialist Conti , 36 per cent of all enquiries received so...
View ArticleUAE sets mortgage limit to prevent property crash
The United Arab Emirates (UAE) has set a limit on mortgage loans in a bid to cool its property market and prevent another crash. Fear that a bubble is emerging has been mounting for some time, and...
View ArticleInvestors marginalising Australian first-time buyers
First-time buyers of Australian property are being marginalised by investor demand and upgraders. According to figures from the Australian Bureau of Statistics (ABS) that go back 22 years, those trying...
View ArticleUS growth to slow over the next five years
The next five years is expected to see US property growth slow considerably, according to new research. The latest Zillow Home Price Expectations Survey revealed that while prices have been increasing...
View ArticleCyprus govt to launch mortgage rescue scheme
The Cypriot government is looking to launch a rescue scheme that will help homeowners who are unable to maintain their mortgage repayments. A Ministry of Finance official told the House Human Rights...
View ArticleSelf-build lending on the up in Australia
Those looking for Australian property are increasingly deciding to construct their own homes, new figures suggest. Data from the Australian Bureau of Statistics (ABS) showed that the number of loans...
View ArticlePortuguese Golden Visa scheme paying dividends
Portuguese property is receiving a boost from the country's Golden Visa and Golden Residence Permit Scheme. The initiatives to attract more foreign investment to the country are beginning to pay...
View ArticleProperty owners protesting overvaluation in Malaysia
All isn't well in the Kuala Lumpur property market , with residents and homeowners now protesting overvaluation. People are up in arms about the adjustment, which will increase property taxes, even if...
View ArticleSpanish Property Sector Struggling Despite Foreign Sales
The Spanish property market is still struggling to recover from a period of almost half a decade spent in the doldrums, according to latest figures. It comes just a few weeks after it was claimed that...
View ArticleAustralian Mortgage Lending Continued To Grow In Late 2013
The mortgage lending market in Australia continued to grow throughout the final months of 2013, according to the latest figures released last week (January 15th), showing yet more strength in the ever...
View ArticleBrazilian Property Market to Hold Strong in 2014
Brazilian property is not expected to see any great fall in price over the course of this year, despite the fact that political unrest remains a problem throughout the nation. It will be a bonus for...
View Article