Housing market

South Florida property prices are becoming beyond the reach of key workers in the sunshine state. New residential towers being built in Miami-Dade and Broward counties are now beyond the reach of teachers or public servants and other key workers. Calls are being made by Florida home owners for State legislators to help by lifting the […]

The Australian Associated Press report that Australian property owners reluctantly believe that two interest rate rises this year will force many to accept lower prices when selling their Australian properties. The survey which comprised of 2,065 respondents was conducted by CoreData in partnership with media website NEWS.com.au.               All

Prices of UK property increased by 0.8 per cent in August, according to a Nationwide report, creating a “firm” market for people selling a house in the UK. The annual rate of inflation stands at 6.6 per cent higher than last year, representing an increase for the third consecutive month. Fionnuala Earley, Nationwide’s group economist,

The market for Portuguese property is still a healthy and popular one, according to the latest research from currency specialist HiFX. Overseas property investors appear to be maintaining their interest in the Iberian country, despite strong competition from established areas such as France and Spain and emerging countries like Bulgaria and Croatia. People from the

The New Zealand property market is currently experiencing a period of stability in terms of house prices, the Real Estate Institute of New Zealand (REINZ) has said. According to the organisation, the national median price for residential property in New Zealand levelled off slightly in July compared to previous increases. Half of the 12 regions

The popularity of Chinese real estate has been demonstrated by a surge in levels of investment, it has emerged. Figures from the National Bureau of Statistics show that Chinese property investment reached 941.1 billion yuan (£62.7 billion) in July, an increase of 24 per cent compared to the same month in 2005. Mid-range housing saw

The growth in the German property market has led to Colonia Real Estate AG publishing positive results, it has been announced. A second quarter profit of €4.87 million (£3.3 million) was confirmed by the Cologne-based property firm. This is indicative of the recent growth that has taken place in the German property market, as at

A survey has dismissed speculation surrounding the Dubai property market that it is heading for a “bubble burst”. The poll, conducted by exhibition organiser DSL, asked the opinions of 315 real estate companies and found that 92 per cent believed that prices were still rising owing to healthy demand. For apartments, however, the study did

The annual rate of inflation in the UK property market has slowed down from 5.6 per cent in May 2006 to 5.2 per cent in June, the government has announced. In London, the reduction was more pronounced, from seven per cent in May to 5.8 per cent in June, while the annual inflation rate for

People looking to sell UK property will see a benefit from the current trend of rising house prices, with recent figures showing that the average value of a house has increased by 7.71 per cent. Figures from the Land Registry show that the average price of a house is now £199,184. Contrary to the trend